Pivot: 17.85
Our preference: Long positions above 17.85 with targets @ 18.5 18.75 in extension.
Alternative scenario: Below 17.85 look for further downside with 17.57 17.23 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
19 **
18.75 **
18.5 **
18.088 Last
17.85 ***
17.57 **
17.23 *
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