Pivot: 1.2025
Our preference: Long positions above 1.2025 with targets @ 1.2048 1.2058 in extension.
Alternative scenario: Below 1.2025 look for further downside with 1.2017 1.2005 as targets.
Comment: A support base at 1.2025 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.207
1.2058
1.2048
1.203 Last
1.2025
1.2017
1.2005
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