Pivot: 169.75
Our preference: long positions above 169.75 with targets @ 171.25 172.2 in extension.
Alternative scenario: below 169.75 look for further downside with 168.65 167.75 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
173.35 ***
172.2 ***
171.25 ***
170.27 Last
169.75 ***
168.65 ***
167.75 ***
Copyright 1999 – 2016 TRADING CENTRAL