EUR/USD

# Intraday: caution.

Pivot: 1.1710

Our preference: short positions below 1.1710 with targets at 1.1660 and 1.1630 in extension.

Alternative scenario: above 1.1710, look for a new rise with targets at 1.1730 and 1.1750.

Comment: intraday technical indicators are mixed and call for caution.