EUR/USD Intraday: bullish bias above 1.1275.
Pivot:
1.1275
Our preference:
Long positions above 1.1275 with targets at 1.1340 & 1.1370 in extension.
Alternative scenario:
Below 1.1275 look for further downside with 1.1250 & 1.1225 as targets.
Comment:
A support base at 1.1275 has formed and has allowed for a temporary stabilisation.