Pivot: 1.11
Our preference: Long positions above 1.11 with targets @ 1.12 1.126 in extension.
Alternative scenario: Below 1.11 look for further downside with 1.105 1.099 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1315 *
1.126 *
1.12 **
1.112 Last
1.11 ***
1.105 **
1.099 **
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