Pivot: 0.8535
Our preference: Long @ 0.8547 with targets @ 0.859 0.8625 in extension.
Alternative scenario: Below 0.8535 look for further downside with 0.85 0.847 as targets.
Comment: a support base at 0.8535 has formed and has allowed for a temporary stabilisation. Any pullback towards the 0.8535 support area would be a good occasion to initiate long positions.
Key levels
0.867
0.8625
0.859
0.85749 last
0.8535
0.85
0.847
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