EUR/USD Intraday: the bias remains bullish.
Pivot:
1.0805
Our preference:
Long positions above 1.0805 with targets at 1.0840 & 1.0855 in extension.
Alternative scenario:
Below 1.0805 look for further downside with 1.0790 & 1.0775 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.