Pivot: 1.2265
Our preference: Long positions above 1.2265 with targets @ 1.235 1.2385 in extension.
Alternative scenario: Below 1.2265 look for further downside with 1.22 1.2125 as targets.
Comment: A support base at 1.2265 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.244
1.2385
1.235
1.231 Last
1.2265
1.22
1.2125
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