Pivot: 51.4
Our preference: Long positions above 51.4 with targets @ 53.34 53.85 in extension.
Alternative scenario: Below 51.4 look for further downside with 50.5 50 as targets.
Comment: As long as 51.4 is resistance, likely decline to 53.34.
Supports and resistances:
54.45
53.85
53.34
52.93 Last
51.4
50.5
50
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