Pivot: 0.9435
Our preference: Long positions above 0.9435 with targets @ 0.953 0.957 in extension.
Alternative scenario: Below 0.9435 look for further downside with 0.941 0.9385 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair has pushed above a declining trend line.
Supports and resistances:
0.959
0.957
0.953
0.9462 Last
0.9435
0.941
0.9385
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