Pivot: 0.7760
Our preference: long positions above 0.7760 with targets @ 0.7825 & 0.7860 in extension.
Alternative scenario: below 0.7760 look for further downside with 0.7730 & 0.7675 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7890
0.7860
0.7825
0.7795 Last
0.7760
0.7730
0.7675
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