EUR/USD Intraday: the downside prevails.
Pivot:
1.1770
Our preference:
Short positions below 1.1770 with targets at 1.1725 & 1.1700 in extension.
Alternative scenario:
Above 1.1770 look for further upside with 1.1795 & 1.1820 as targets.
Comment:
As long as 1.1770 is resistance, look for choppy price action with a bearish bias.
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