Pivot: 168.4
Our preference: long positions above 168.4 with targets @ 170.35 171.25 in extension.
Alternative scenario: below 168.4 look for further downside with 167 166 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
172.2 ***
171.25 ***
170.35 ***
169.727 Last
168.4 ***
167 ***
166 ***
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