EUR/USD Intraday: bullish bias above 1.1250.
Pivot:
1.1250
Our preference:
Long positions above 1.1250 with targets at 1.1410 & 1.1470 in extension.
Alternative scenario:
Below 1.1250 look for further downside with 1.1190 & 1.1130 as targets.
Comment:
A support base at 1.1250 has formed and has allowed for a temporary stabilisation.