Pivot: 1.207
Our preference: Long positions above 1.207 with targets @ 1.2125 1.214 in extension.
Alternative scenario: Below 1.207 look for further downside with 1.204 1.202 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.2155
1.214
1.2125
1.2102 Last
1.207
1.204
1.202
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