Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.
EUR/USD INTRADAY: CAUTION.
Pivot: 1.381
Most Likely Scenario: Long positions above 1.381 with targets @ 1.3955 & 1.402 in extension.
Alternative scenario: Below 1.381 look for further downside with 1.37 & 1.365 as targets.
Comment: The pair is pulling back on its support, the RSI is mixed and calls for caution.
Pivot: 1.5850
Most Likely Scenario: Long positions above 1.5850 with targets @ 1.6005 & 1.605 in extension.
Alternative scenario: Below 1.5850 look for further downside with 1.575 & 1.568 as targets.
Comment: The pair remains on the upside, the RSI is mixed to bullish.
