EUR/USD Intraday: caution.
Pivot:
1.1770
Our preference:
short positions below 1.1770 with targets at 1.1715 & 1.1685 in extension.
Alternative scenario:
above 1.1770 look for further upside with 1.1790 & 1.1805 as targets.
Comment:
as long as 1.1770 is resistance, look for choppy price action with a bearish bias.
Mandyyy
