EUR/USD Intraday: bullish bias above 1.0800

Pivot: 1.0800
Our preference:
long positions above 1.0800 with targets at 1.0835 & 1.0850 in extension.
Alternative scenario:
below 1.0800 look for further downside with 1.0785 & 1.0770 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0870
1.0850
1.0835
1.0814 Last
1.0800
1.0785
1.0770