Pivot: 55
Our preference: Long positions above 55 with targets @ 58 60 in extension.
Alternative scenario: Below 55 look for further downside with 53.6 51.45 as targets.
Comment: A support base at 55 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
61.2
60
58
56.34 Last
55
53.6
51.45
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