Pivot: 49.7
Our preference: Short positions below 49.7 with targets @ 47.4 46.9 in extension.
Alternative scenario: Above 49.7 look for further upside with 50.8 51.66 as targets.
Comment: As long as 49.7 is resistance, likely decline to 47.4.
Supports and resistances:
51.66
50.8
49.7
48.17 Last
47.4
46.9
45.9
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