Pivot: 127.7
Our preference: long positions above 127.7 with targets @ 128.5 129.1 in extension.
Alternative scenario: below 127.7 look for further downside with 127.4 126.8 as targets.
Comment: a support base at 127.7 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
129.5 **
129.1 ***
128.5 ***
128.01 Last
127.7 ***
127.4 ***
126.8 ***
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