Pivot: 1.061
Our preference: Long positions above 1.061 with targets @ 1.0695 1.0745 in extension.
Alternative scenario: Below 1.061 look for further downside with 1.055 1.05 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.079
1.0745
1.0695
1.0672 Last
1.061
1.055
1.05
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