EUR/USD Intraday: the bias remains bullish.
Pivot: 1.0710
Our preference: long positions above 1.0710 with targets at 1.0740 & 1.0755 in extension.
Alternative scenario: below 1.0710 look for further downside with 1.0695 & 1.0680 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0775
1.0755
1.0740
1.0723 Last
1.0710
1.0695
1.0680
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