EUR/USD Intraday: under pressure.
Pivot:
1.0590
Our preference:
Short positions below 1.0590 with targets at 1.0530 & 1.0510 in extension.
Alternative scenario:
Above 1.0590 look for further upside with 1.0610 & 1.0630 as targets.
Comment:
As long as the resistance at 1.0590 is not surpassed, the risk of the break below 1.0530 remains high.