Pivot: 45.8
Our preference: Long positions above 45.8 with targets @ 49.6 51.4 in extension.
Alternative scenario: Below 45.8 look for further downside with 44.2 43 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
52.8
51.4
49.6
47.54 Last
45.8
44.2
43
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