Pivot: 1.23
Our preference: Long positions above 1.23 with targets @ 1.236 1.2385 in extension.
Alternative scenario: Below 1.23 look for further downside with 1.227 1.225 as targets.
Comment: a support base at 1.23 has formed and has allowed for a temporary stabilisation.
Key levels
1.242
1.2385
1.236
1.23161 last
1.23
1.227
1.225
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