Pivot: 52.1
Our preference: Long positions above 52.1 with targets @ 54 55.55 in extension.
Alternative scenario: Below 52.1 look for further downside with 51 49.65 as targets.
Comment: A support base at 52.1 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
57
55.55
54
53.22 Last
52.1
51
49.65
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