Pivot: 120.25
Our preference: Short positions below 120.25 with targets @ 119.1 118.5 in extension.
Alternative scenario: Above 120.25 look for further upside with 120.95 121.35 as targets.
Comment: as long as 120.25 is resistance, look for choppy price action with a bearish bias.
Key levels
121.35
120.95
120.25
119.806 last
119.1
118.5
118.15
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