Pivot: 45.56
Our preference: Long positions above 45.56 with targets @ 47.3 48 in extension.
Alternative scenario: Below 45.56 look for further downside with 45.16 44.3 as targets.
Comment: A support base at 45.56 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
48.35
48
47.3
46.39 Last
45.56
45.16
44.3
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