EUR/USD Intraday: intraday support around 1.0260.
Pivot:
1.0260
Our preference:
Long positions above 1.0260 with targets at 1.0320 & 1.0350 in extension.
Alternative scenario:
Below 1.0260 look for further downside with 1.0240 & 1.0220 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.