Pivot: 106.7
Our preference: Short positions below 106.7 with targets @ 105.25 104.85 in extension.
Alternative scenario: Above 106.7 look for further upside with 107.5 108 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
108
107.5
106.7
106.32 Last
105.25
104.85
104.25
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