Pivot: 20.65
Our preference: Long positions above 20.65 with targets @ 21.17 21.5 in extension.
Alternative scenario: Below 20.65 look for further downside with 20.35 20 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
21.75
21.5
21.17
20.85 Last
20.65
20.35
20
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