Pivot: 1.079
Our preference: Long positions above 1.079 with targets @ 1.084 1.087 in extension.
Alternative scenario: Below 1.079 look for further downside with 1.0755 1.072 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0895 **
1.087 **
1.084 ***
1.0804 Last
1.079 ***
1.0755 **
1.072 ***
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