EUR/USD Intraday: bullish bias above 1.0480.
Pivot:
1.0480
Our preference:
Long positions above 1.0480 with targets at 1.0530 & 1.0545 in extension.
Alternative scenario:
Below 1.0480 look for further downside with 1.0465 & 1.0450 as targets.
Comment:
A support base at 1.0480 has formed and has allowed for a temporary stabilisation.