Pivot: 1.0825
Our preference: Long positions above 1.0825 with targets @ 1.09 1.092 in extension.
Alternative scenario: Below 1.0825 look for further downside with 1.08 1.078 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.095 *
1.092 **
1.09 ***
1.0874 Last
1.0825 ***
1.08 ***
1.078 **
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