Pivot: 1.227
Our preference: Long positions above 1.227 with targets @ 1.2325 1.2355 in extension.
Alternative scenario: Below 1.227 look for further downside with 1.2235 1.2215 as targets.
Comment: a support base at 1.227 has formed and has allowed for a temporary stabilisation.
Key levels
1.239
1.2355
1.2325
1.2298 last
1.227
1.2235
1.2215
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