Pivot: 148.2
Our preference: Long positions above 148.2 with targets @ 149.6 150.65 in extension.
Alternative scenario: Below 148.2 look for further downside with 147.05 146.3 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
151.95
150.65
149.6
148.9 last
148.2
147.05
146.3
Copyright 1999 – 2013 TRADING CENTRAL