Pivot: 0.7745
Our preference: Long positions above 0.7745 with targets @ 0.7875 0.791 in extension.
Alternative scenario: Below 0.7745 look for further downside with 0.771 0.768 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7935 ***
0.791 ***
0.7875 ***
0.7798 Last
0.7745 **
0.771 **
0.768 **
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