Pivot: 73.9
Our preference: Long positions above 73.9 with targets @ 75.8 76.5 in extension.
Alternative scenario: Below 73.9 look for further downside with 73.2 72.4 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
77.1
76.5
75.8
74.29 Last
73.9
73.2
72.4
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