EUR/USD Intraday: bullish bias above 1.1305.
Pivot:
1.1305
Our preference:
Long positions above 1.1305 with targets at 1.1380 & 1.1400 in extension.
Alternative scenario:
Below 1.1305 look for further downside with 1.1280 & 1.1260 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.