Pivot: 0.9485
Our preference: Long positions above 0.9485 with targets @ 0.9545 0.9585 in extension.
Alternative scenario: Below 0.9485 look for further downside with 0.943 0.939 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
0.96
0.9585
0.9545
0.952 last
0.9485
0.943
0.939
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