EUR/USD intraday: the downside prevails.

Pivot: 1.262
Our preference: Short positions below 1.262 with targets @ 1.2505 & 1.245 in extension.
Alternative scenario: Above 1.262 look for further upside with 1.27 & 1.273 as targets.
Comments: the RSI has failed to break above its bearish trendline.