EUR/USD Intraday: bullish bias above 1.0680.
Pivot:
1.0680
Our preference:
Long positions above 1.0680 with targets at 1.0720 & 1.0735 in extension.
Alternative scenario:
Below 1.0680 look for further downside with 1.0665 & 1.0650 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.