Pivot: 0.9385
Our preference: Long positions above 0.9385 with targets @ 0.949 0.9525 in extension.
Alternative scenario: Below 0.9385 look for further downside with 0.935 0.933 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair is rebounding above its support.
Supports and resistances:
0.956
0.9525
0.949
0.9423 Last
0.9385
0.935
0.933
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