Pivot: 36.05
Our preference: long positions above 36.05 with targets @ 37.37 37.88 in extension.
Alternative scenario: below 36.05 look for further downside with 35.15 34.52 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
38.59
37.88
37.37
36.8 Last
36.05
35.15
34.52
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