Pivot: 96.25
Our preference: Long positions above 96.25 with targets @ 97.8 99.05 in extension.
Alternative scenario: Below 96.25 look for further downside with 95.25 94.35 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
99.4 **
99.05 **
97.8 **
96.8 Last
96.25 **
95.25 **
94.35 **
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