Pivot: 136
Our preference: Long positions above 136 with targets @ 137 137.45 in extension.
Alternative scenario: Below 136 look for further downside with 135.6 135.1 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
137.8
137.45
137
136.47 Last
136
135.6
135.1
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