EUR/USD Intraday: bullish bias above 1.0465.
Pivot:
1.0465
Our preference:
Long positions above 1.0465 with targets at 1.0495 & 1.0515 in extension.
Alternative scenario:
Below 1.0465 look for further downside with 1.0445 & 1.0425 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.