Pivot: 52.2
Our preference: Short positions below 52.2 with targets @ 50.55 50 in extension.
Alternative scenario: Above 52.2 look for further upside with 52.87 53.4 as targets.
Comment: As long as 52.2 is resistance, likely decline to 50.55.
Supports and resistances:
53.4
52.87
52.2
50.98 Last
50.55
50
49.3
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