EUR/USD Short Term: the bias remains bullish.
EUR/USD (EUR/USD)-0.00736-0.63%
long positions above 1.1575 with targets at 1.1920 & 1.2100 in extension.

Pivot: 1.1575
Our preference: long positions above 1.1575 with targets at 1.1920 & 1.2100 in extension.
Alternative scenario: below 1.1575 look for further downside with 1.1390 & 1.1200 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2350 ***
1.2100 ***
1.1920 ***
1.1720 Last
1.1575 ***
1.1390 ***
1.1200 ***
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