Pivot: 0.7135
Our preference: Long positions above 0.7135 with targets @ 0.72 0.7235 in extension.
Alternative scenario: Below 0.7135 look for further downside with 0.7115 0.709 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7255
0.7235
0.72
0.7163 Last
0.7135
0.7115
0.709
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