Pivot: 0.892
Our preference: Long positions above 0.892 with targets @ 0.8955 0.8975 in extension.
Alternative scenario: Below 0.892 look for further downside with 0.8905 0.8895 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.899
0.8975
0.8955
0.8931 Last
0.892
0.8905
0.8895
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