Pivot: 0.7845
Our preference: Long positions above 0.7845 with targets @ 0.7945 0.7975 in extension.
Alternative scenario: Below 0.7845 look for further downside with 0.7805 0.7735 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.8015
0.7975
0.7945
0.7873 Last
0.7845
0.7805
0.7735
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