Pivot: 127.2
Our preference: long positions above 127.2 with targets @ 128.4 128.8 in extension.
Alternative scenario: below 127.2 look for further downside with 126.6 126.15 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
129.25 ***
128.8 ***
128.4 **
127.65 Last
127.2 **
126.6 **
126.15 **
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