Pivot: 0.8475
Our preference: Long positions above 0.8475 with targets @ 0.8555 0.8575 in extension.
Alternative scenario: Below 0.8475 look for further downside with 0.8445 0.84 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.8605
0.8575
0.8555
0.8501 Last
0.8475
0.8445
0.84
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