7862477 9/11/2017 12:07 PM, EUR/USD Intraday: consolidation.


Pivot: 1.2050


Our preference:

short positions below 1.2050 with targets at 1.1985 & 1.1950 in extension.


Alternative scenario:

above 1.2050 look for further upside with 1.2095 & 1.2135 as targets.


Comment:

as long as 1.2050 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


1.2135

1.2095

1.2050


1.2010

Last

1.1985

1.1950

1.1910