Pivot: 15.48
Our preference: Long positions above 15.48 with targets @ 16.9 17.2 in extension.
Alternative scenario: Below 15.48 look for further downside with 14.97 14.62 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
17.5 ***
17.2 ***
16.9 *
16.165 Last
15.48 ***
14.97 *
14.62 *
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