Pivot: 49
Our preference: Short positions below 49 with targets @ 47.3 46.4 in extension.
Alternative scenario: Above 49 look for further upside with 49.85 50.6 as targets.
Comment: As long as 49 is resistance, likely decline to 47.3.
Supports and resistances:
50.6
49.85
49
48.1 Last
47.3
46.4
45
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