EUR/USD Intraday: under pressure.
| EUR/USD Intraday: under pressure. |
| Pivot: |
| 1.1600 |
| Our preference: |
| Short positions below 1.1600 with targets at 1.1565 & 1.1550 in extension. |
| Alternative scenario: |
| Above 1.1600 look for further upside with 1.1615 & 1.1630 as targets. |
| Comment: |
| As long as 1.1600 is resistance, look for choppy price action with a bearish bias. |
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