Pivot: 1.116
Our preference: Long positions above 1.116 with targets @ 1.127 1.135 in extension.
Alternative scenario: Below 1.116 look for further downside with 1.113 1.1095 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.139
1.135
1.127
1.1174 Last
1.116
1.113
1.1095
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