Pivot: 0.9355
Our preference: Long positions above 0.9355 with targets @ 0.943 0.946 in extension.
Alternative scenario: Below 0.9355 look for further downside with 0.933 0.929 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair has broken above a bearish channel resistance.
Supports and resistances:
0.954
0.946
0.943
0.9394 Last
0.9355
0.933
0.929
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