Pivot: 48.9
Our preference: Short positions below 48.9 with targets @ 45.95 45.05 in extension.
Alternative scenario: Above 48.9 look for further upside with 49.65 51.4 as targets.
Comment: As long as 48.9 is resistance, likely decline to 45.95.
Supports and resistances:
51.4
49.65
48.9
47.93 Last
45.95
45.05
44.2
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