Pivot: 1.232
Our preference: Long positions above 1.232 with targets @ 1.2375 1.239 in extension.
Alternative scenario: Below 1.232 look for further downside with 1.23 1.2285 as targets.
Comment: a support base at 1.232 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2405
1.239
1.2375
1.234 Last
1.232
1.23
1.2285
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