Pivot: 51.6
Our preference: Short positions below 51.6 with targets @ 49.7 49 in extension.
Alternative scenario: Above 51.6 look for further upside with 52.5 53.3 as targets.
Comment: As long as 51.6 is resistance, likely decline to 49.7.
Supports and resistances:
53.3
52.5
51.6
50.2 Last
49.7
49
48
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