Pivot: 1.1295
Our preference: Long positions above 1.1295 with targets @ 1.146 1.1535 in extension.
Alternative scenario: Below 1.1295 look for further downside with 1.122 1.115 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair stands above its support and remains on the upside.
Supports and resistances:
1.164 ***
1.1535 **
1.146 ***
1.1337 Last
1.1295 **
1.122 **
1.115 **
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