Pivot: 0.864
Our preference: Long positions above 0.864 with targets @ 0.871 0.8725 in extension.
Alternative scenario: Below 0.864 look for further downside with 0.8605 0.8575 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
0.8745
0.8725
0.871
0.86501 last
0.864
0.8605
0.8575
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