Pivot: 0.708
Our preference: Long positions above 0.708 with targets @ 0.717 0.719 in extension.
Alternative scenario: Below 0.708 look for further downside with 0.7055 0.702 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7215
0.719
0.717
0.7118 Last
0.708
0.7055
0.702
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