Pivot: 1.059
Our preference: Long positions above 1.059 with targets @ 1.073 1.0785 in extension.
Alternative scenario: Below 1.059 look for further downside with 1.052 1.046 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.083 **
1.0785 ***
1.073 ***
1.0633 Last
1.059 ***
1.052 ***
1.046 **
Copyright 1999 – 2015 TRADING CENTRAL