Pivot: 49.7
Our preference: Long positions above 49.7 with targets @ 52.55 54 in extension.
Alternative scenario: Below 49.7 look for further downside with 48.7 48 as targets.
Comment: The RSI is mixed with a bullish bias.
Supports and resistances:
55.55
54
52.55
51.72 Last
49.7
48.7
48
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