Pivot: 52.1
Our preference: Long positions above 52.1 with targets @ 53.85 54.45 in extension.
Alternative scenario: Below 52.1 look for further downside with 51.43 50.9 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
55
54.45
53.85
52.85 Last
52.1
51.43
50.9
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