Pivot: 0.7440
Our preference: long positions above 0.7440 with targets @ 0.7530 & 0.7560 in extension.
Alternative scenario: below 0.7440 look for further downside with 0.7410 & 0.7385 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7595
0.7560
0.7530
0.7470 Last
0.7440
0.7410
0.7385
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