Long positions above 1.0750 with targets at 1.0860 & 1.0910 in extension. Pivot: 1.0750
Our preference: long positions above 1.0750 with targets at 1.0860 & 1.0910 in extension.
Alternative scenario: below 1.0750 look for further downside with 1.0680 & 1.0620 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances: 1.0980 1.0910 1.0860 1.0789 Last 1.0750 1.0680 1.0620
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