Pivot: 1.083
Our preference: Long positions above 1.083 with targets @ 1.0945 1.098 in extension.
Alternative scenario: Below 1.083 look for further downside with 1.078 1.0725 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1015
1.098
1.0945
1.089 Last
1.083
1.078
1.0725
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