Pivot: 39.8
Our preference: short positions below 39.8 with targets @ 39.16 38.52 in extension.
Alternative scenario: above 39.8 look for further upside with 40.7 41.8 as targets.
Comment: as long as the resistance at 39.8 is not surpassed, the risk of the break below 39.16 remains high.
Supports and resistances:
41.8
40.7
39.8
39.19 Last
39.16
38.52
38
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