Pivot: 1.2555
Our preference: Long positions above 1.2555 with targets @ 1.264 1.2665 in extension.
Alternative scenario: Below 1.2555 look for further downside with 1.251 1.248 as targets.
Comment: a support base at 1.2555 has formed and has allowed for a temporary stabilisation.
Key levels
1.271
1.2665
1.264
1.2584 last
1.2555
1.251
1.248
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