Pivot: 0.8685
Our preference: Long positions above 0.8685 with targets @ 0.884 0.891 in extension.
Alternative scenario: Below 0.8685 look for further downside with 0.855 0.8445 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair is pulling back on its support.
Supports and resistances:
0.902 *
0.891 **
0.884 **
0.8728 Last
0.8685 *
0.855 *
0.8445 ***
Copyright 1999 – 2015 TRADING CENTRAL