Pivot: 49.45
Our preference: Long positions above 49.45 with targets @ 50.60 51.15 in extension.
Alternative scenario: Below 49.45 look for further downside with 48.7 47.8 as targets.
Comment: The RSI lacks downward momentum.
Supports and resistances:
51.8
51.15
50.60
49.8 Last
49.45
48.7
47.8
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