EUR/USD Intraday: under pressure.
Pivot: 1.07
Our preference: Short positions below 1.07 with targets @ 1.05 & 1.043 in extension.
Alternative scenario: Above 1.07 look for further upside with 1.0775 & 1.084 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. The pair remains on the downside and stands below its resistance.
