Pivot: 169
Our preference: Long positions above 169 with targets @ 170.6 171.35 in extension.
Alternative scenario: Below 169 look for further downside with 168.25 167.1 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
172.2
171.35
170.6
169.63 Last
169
168.25
167.1
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