Pivot: 1.331
Our preference: Long positions above 1.331 with targets @ 1.339 1.341 in extension.
Alternative scenario: Below 1.331 look for further downside with 1.328 1.325 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
1.345
1.341
1.339
1.3333 last
1.331
1.328
1.325
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