EUR/USD intraday: the upside prevails.

Pivot: 1.425

Our preference: Long positions above 1.425 with targets @ 1.435 & 1.4425 in extension.

Alternative scenario: Below 1.425 look for further downside with 1.421 & 1.415 as targets.

Comment: the pair has rebounded on its support and is shaping a bullish flag.

Key levels

1.4455

1.4425

1.435

1.4289 last

1.425

1.421

1.415

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