Pivot: 178.35
Our preference: Long positions above 178.35 with targets @ 180.8 181.2 in extension.
Alternative scenario: Below 178.35 look for further downside with 177.7 177.1 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
181.8 **
181.2 **
180.8 ***
179.17 Last
178.35 ***
177.7 ***
177.1 ***
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