Pivot: 3728.00
Our preference: long positions above 3728.00 with targets at 3761.00 & 3775.00 in extension.
Alternative scenario: below 3728.00 look for further downside with 3717.00 & 3705.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3790.00
3775.00
3761.00
3740.79 Last
3728.00
3717.00
3705.00
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