Pivot: 1.356
Our preference: Long positions above 1.356 with targets @ 1.362 1.3645 in extension.
Alternative scenario: Below 1.356 look for further downside with 1.35 1.3475 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3685
1.3645
1.362
1.3563 Last
1.356
1.35
1.3475
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