Pivot: 0.704
Our preference: Long positions above 0.704 with targets @ 0.71 0.7125 in extension.
Alternative scenario: Below 0.704 look for further downside with 0.7 0.697 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7155
0.7125 ***
0.71 ***
0.7069 Last
0.704 **
0.7 **
0.697 ***
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