Pivot: 1.217
Our preference: Long positions above 1.217 with targets @ 1.2215 1.2235 in extension.
Alternative scenario: Below 1.217 look for further downside with 1.215 1.213 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
1.2255
1.2235
1.2215
1.21976 last
1.217
1.215
1.213
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