Pivot: 51.15
Our preference: Long positions above 51.15 with targets @ 55.15 57.05 in extension.
Alternative scenario: Below 51.15 look for further downside with 49.8 48.2 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
58.7
57.05
55.15
52.75 Last
51.15
49.8
48.2
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