Pivot: 58.95
Our preference: Long positions above 58.95 with targets @ 60.9 61.4 in extension.
Alternative scenario: Below 58.95 look for further downside with 58.3 57.7 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
61.7
61.4
60.9
59.59 Last
58.95
58.3
57.7
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