Pivot: 44
Our preference: Long positions above 44 with targets @ 46.05 46.4 in extension.
Alternative scenario: Below 44 look for further downside with 43.4 42.75 as targets.
Comment: A support base at 44 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
47.25
46.4
46.05
44.84 Last
44
43.4
42.75
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