EUR/USD Intraday: bullish bias above 1.1640

Pivot: 1.1640
Our preference:
long positions above 1.1640 with targets at 1.1670 & 1.1685 in extension.
Alternative scenario:
below 1.1640 look for further downside with 1.1625 & 1.1605 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1700
1.1685
1.1670
1.1654 Last
1.1640
1.1625
1.1605