0
49
Pivot
(invalidation):
17.8700
Our preference
Long positions above 17.8700 with targets at 18.0900 & 18.1800 in extension.
Alternative scenario
Below
17.8700 look for further downside with 17.7300 & 17.6100 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited