EUR/USD Intraday: key resistance at 1.0990.
Pivot:
1.0990
Our preference:
Short positions below 1.0990 with targets at 1.0950 & 1.0935 in extension.
Alternative scenario:
Above 1.0990 look for further upside with 1.1010 & 1.1025 as targets.
Comment:
As long as the resistance at 1.0990 is not surpassed, the risk of the break below 1.0950 remains high.