Pivot: 1.1495
Our preference: Long positions above 1.1495 with targets @ 1.1625 1.173 in extension.
Alternative scenario: Below 1.1495 look for further downside with 1.1395 1.1345 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.181 **
1.173 **
1.1625 ***
1.1536 Last
1.1495 ***
1.1395 ***
1.1345 ***
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