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2022/09/06 - 09.40 AM

Our preference: long positions above 0.9925 with targets at 0.9970 & 0.9990 in extension.
Alternative scenario: below 0.9925 look for further downside with 0.9900 & 0.9880 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.