Pivot: 54
Our preference: Short positions below 54 with targets @ 42 39 in extension.
Alternative scenario: Above 54 look for further upside with 62 70 as targets.
Comment: As long as 54 is resistance, likely decline to 42.
Supports and resistances:
70 **
62 **
54 ***
47.93 Last
42 ***
39 **
33 **
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