EUR/USD: Caution

<p>Pivot (invalidation): 1.1255 Our preference Short positions below 1.1255 with targets at 1.1225 & 1.1205 in extension. Alternative scenario Above 1.1255 look for further upside with 1.1275 & 1.1295 as targets. Comment The upward potential is likely to be limited by the resistance at 1.1255.</p>
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