Today EUR/USD Trade Signal

EUR/USD Intraday: consolidation.

Pivot: 1.1865

Our preference:

Short positions below 1.1865 with targets at 1.1850 & 1.1840 in extension.

Alternative scenario:

Above 1.1865 look for further upside with 1.1885 & 1.1900 as targets.

Comment:

As long as 1.1865 is resistance, look for choppy price action with a bearish bias.

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