Pivot: 46.5
Our preference: Long positions above 46.5 with targets @ 47.8 48.4 in extension.
Alternative scenario: Below 46.5 look for further downside with 45.9 45.1 as targets.
Comment: A support base at 46.5 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
48.8
48.4
47.8
47.16 Last
46.5
45.9
45.1
Copyright 1999 – 2015 TRADING CENTRAL