Pivot: 46.05
Our preference: Long positions above 46.05 with targets @ 48.92 49.5 in extension.
Alternative scenario: Below 46.05 look for further downside with 45.16 44.3 as targets.
Comment: The RSI broke above a declining trend line.
Supports and resistances:
50.61
49.5
48.92
47.83 Last
46.05
45.16
44.3
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