Pivot: 1.229
Our preference: Long positions above 1.229 with targets @ 1.236 1.2385 in extension.
Alternative scenario: Below 1.229 look for further downside with 1.2265 1.225 as targets.
Comment: a support base at 1.229 has formed and has allowed for a temporary stabilisation.
Key levels
1.242
1.2385
1.236
1.2311 last
1.229
1.2265
1.225
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