Pivot: 1175
Our preference: Long positions above 1175 with targets @ 1184 1188 in extension.
Alternative scenario: Below 1175 look for further downside with 1169 1162.5 as targets.
Comment: A support base at 1175 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1190
1188
1184
1176.5 Last
1175
1169
1162.5
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