Pivot: 48.7
Our preference: Long positions above 48.7 with targets @ 51.25 52.5 in extension.
Alternative scenario: Below 48.7 look for further downside with 47.8 47 as targets.
Comment: The RSI is mixed to bullish.
Supports and resistances:
54
52.5
51.25
49.836 Last
48.7
47.8
47
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