EUR/USD Intraday: key resistance at 1.1860.

Pivot: 1.1860

Our preference: short positions below 1.1860 with targets at 1.1750 & 1.1715 in extension.

Alternative scenario: above 1.1860 look for further upside with 1.1890 & 1.1920 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

1.1920

1.1890

1.1860

1.1835 Last

1.1750

1.1715

1.1685