Our preference:
long positions above 1.1290 with targets at 1.1415 & 1.1475 in extension.
Alternative scenario:
below 1.1290 look for further downside with 1.1240 & 1.1190 as targets.
Comment:
a support base at 1.1290 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.1520
1.1475
1.1415
1.1346 Last
1.1290
1.1240
1.1190
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