Pivot: 176.95
Our preference: Long positions above 176.95 with targets @ 178.3 178.9 in extension.
Alternative scenario: Below 176.95 look for further downside with 176.45 176 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
179.3 **
178.9 ***
178.3 ***
177.52 Last
176.95 ***
176.45 **
176 ***
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