Pivot: 46.4
Our preference: Short positions below 46.4 with targets @ 43.2 41.75 in extension.
Alternative scenario: Above 46.4 look for further upside with 47.25 48.45 as targets.
Comment: As long as 46.4 is resistance, likely decline to 43.2.
Supports and resistances:
48.45
47.25
46.4
44.16 Last
43.2
41.75
40.5
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