Pivot: 150
Our preference: Long positions above 150 with targets @ 153.05 153.65 in extension.
Alternative scenario: Below 150 look for further downside with 149.15 147.8 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Key levels
154.3
153.65
153.05
151.75 last
150
149.15
147.8
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