Pivot: 0.8885
Our preference: Long positions above 0.8885 with targets @ 0.897 0.9035 in extension.
Alternative scenario: Below 0.8885 look for further downside with 0.882 0.878 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
0.908
0.9035
0.897
0.89103 last
0.8885
0.882
0.878
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