Pivot: 0.778
Our preference: Long positions above 0.778 with targets @ 0.791 0.795 in extension.
Alternative scenario: Below 0.778 look for further downside with 0.773 0.7685 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
0.798
0.795
0.791
0.783 last
0.778
0.773
0.7685
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