Pivot: 45.56
Our preference: Long positions above 45.56 with targets @ 47 47.6 in extension.
Alternative scenario: Below 45.56 look for further downside with 45.16 44.3 as targets.
Comment: As long as 45.56 is resistance, likely decline to 47.
Supports and resistances:
48
47.6
47
46.16 Last
45.56
45.16
44.3
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