Pivot: 0.78
Our preference: Long positions above 0.78 with targets @ 0.787 0.791 in extension.
Alternative scenario: Below 0.78 look for further downside with 0.776 0.7705 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7965
0.791
0.787
0.7828 Last
0.78
0.776
0.7705
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