Pivot: 1176
Our preference: Long positions above 1176 with targets @ 1192 1196 in extension.
Alternative scenario: Below 1176 look for further downside with 1163 1151.5 as targets.
Comment: A support base at 1176 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1204
1196
1192
1182.71 Last
1176
1163
1151.5
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