EUR/USD Intraday: key resistance at 1.1050.
Pivot:
1.1050
Our preference:
Short positions below 1.1050 with targets at 1.1020 & 1.1005 in extension.
Alternative scenario:
Above 1.1050 look for further upside with 1.1065 & 1.1080 as targets.
Comment:
As long as 1.1050 is resistance, look for choppy price action with a bearish bias.