EUR/USD Intraday: watch 1.1620.
Pivot:
1.1700
Our preference:
short positions below 1.1700 with targets at 1.1620 & 1.1590 in extension.
Alternative scenario:
above 1.1700 look for further upside with 1.1735 & 1.1760 as targets.
Comment:
as long as the resistance at 1.1700 is not surpassed, the risk of the break below 1.1620 remains high.
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