Pivot: 1070
Our preference: long positions above 1070 with targets @ 1082 1086 in extension.
Alternative scenario: below 1070 look for further downside with 1066 1063.3 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1089
1086
1082
1072.28 Last
1070
1066
1063.3
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