EUR/USD Intraday: bullish bias above 1.0720.
Pivot:
1.0720
Our preference:
Long positions above 1.0720 with targets at 1.0760 & 1.0780 in extension.
Alternative scenario:
Below 1.0720 look for further downside with 1.0705 & 1.0690 as targets.
Comment:
The RSI lacks downward momentum.