Pivot: 152
Our preference: Long positions above 152 with targets @ 153.75 154.2 in extension.
Alternative scenario: Below 152 look for further downside with 151.1 150.4 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
155
154.2
153.75
153.248 last
152
151.1
150.4
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