EUR/USD Intraday: key resistance at 1.0785.
Pivot:
1.0785
Our preference:
Short positions below 1.0785 with targets at 1.0740 & 1.0725 in extension.
Alternative scenario:
Above 1.0785 look for further upside with 1.0800 & 1.0815 as targets.
Comment:
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.