Pivot: 1.62
Our preference: Long positions above 1.62 with targets @ 1.627 & 1.63 in extension.
Alternative scenario: Below 1.62 look for further downside with 1.616 & 1.613 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Pivot: 1.62
Our preference: Long positions above 1.62 with targets @ 1.627 & 1.63 in extension.
Alternative scenario: Below 1.62 look for further downside with 1.616 & 1.613 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
