Pivot: 1.2285
Our preference: Long positions above 1.2285 with targets @ 1.236 1.2385 in extension.
Alternative scenario: Below 1.2285 look for further downside with 1.227 1.2245 as targets.
Comment: a support base at 1.2285 has formed and has allowed for a temporary stabilisation.
Key levels
1.2415
1.2385
1.236
1.22956 last
1.2285
1.227
1.2245
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