EUR/USD Intraday: towards 1.0850.
Pivot:
1.1020
Our preference:
Short positions below 1.1020 with targets at 1.0900 & 1.0850 in extension.
Alternative scenario:
Above 1.1020 look for further upside with 1.1055 & 1.1090 as targets.
Comment:
As long as the resistance at 1.1020 is not surpassed, the risk of the break below 1.0900 remains high.