Pivot: 0.908
Our preference: Long positions above 0.908 with targets @ 0.919 0.923 in extension.
Alternative scenario: Below 0.908 look for further downside with 0.904 0.9005 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
0.928
0.923
0.919
0.913 last
0.908
0.904
0.9005
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