EUR/USD Intraday: consolidation.
Pivot:
1.1225
Our preference:
Short positions below 1.1225 with targets at 1.1165 & 1.1140 in extension.
Alternative scenario:
Above 1.1225 look for further upside with 1.1245 & 1.1265 as targets.
Comment:
As long as 1.1225 is resistance, look for choppy price action with a bearish bias.