Pivot: 127.95
Our preference: long positions above 127.95 with targets @ 128.75 129 in extension.
Alternative scenario: below 127.95 look for further downside with 127.55 127.3 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
129.4 ***
129 ***
128.75 ***
128.11 Last
127.95 ***
127.55 ***
127.3 ***
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