Pivot: 0.9655
Our preference: long positions above 0.9655 with targets @ 0.9735 & 0.9765 in extension.
Alternative scenario: below 0.9655 look for further downside with 0.9620 & 0.9570 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.9795 ***
0.9765 ***
0.9735 ***
0.97350 Last
0.9655 ***
0.9620 ***
0.9570 **
Our preference: long positions above 0.9655 with targets @ 0.9735 & 0.9765 in extension.
Alternative scenario: below 0.9655 look for further downside with 0.9620 & 0.9570 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.9795 ***
0.9765 ***
0.9735 ***
0.97350 Last
0.9655 ***
0.9620 ***
0.9570 **
