Pivot: 1.1300
Our preference: long positions above 1.1300 with targets @ 1.1365 & 1.1400 in extension.
Alternative scenario: below 1.1300 look for further downside with 1.1280 & 1.1255 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.1450 ***
1.1400 **
1.1365 ***
1.1321 Last
1.1300 ***
1.1280 ***
1.1255 **
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