EUR/USD Intraday: capped by a negative trend line.
Pivot:
1.0465
Our preference:
Short positions below 1.0465 with targets at 1.0435 & 1.0415 in extension.
Alternative scenario:
Above 1.0465 look for further upside with 1.0485 & 1.0505 as targets.
Comment:
As long as the resistance at 1.0465 is not surpassed, the risk of the break below 1.0435 remains high.