EUR/USD Intraday: the downside prevails.
Pivot:
1.0490
Our preference:
Short positions below 1.0490 with targets at 1.0445 & 1.0425 in extension.
Alternative scenario:
Above 1.0490 look for further upside with 1.0505 & 1.0525 as targets.
Comment:
The RSI shows downside momentum.