Pivot point: 1.1300
The expected scenario: Entering buying deals at the highest levels of 1.1300, targeting the levels of 1.1420 and then the 1.1480.
Alternative scenario: entering short deals at the lowest levels of 1.1300, targeting the levels of 1.1240.
Comment: The EUR/USD pair is still in a general bearish trend in the medium and short term, as prices reached levels of 1.1270, which represent strong demand areas, which actually worked to rebound the price. To the upside, therefore, we are likely to witness an upward correction wave targeting the 1.1480 levels, especially in light of the presence of the liquidity flow indicator in oversold areas.
