Pivot: 1195
Our preference: Long positions above 1195 with targets @ 1209 1212.5 in extension.
Alternative scenario: Below 1195 look for further downside with 1189 1183.5 as targets.
Comment: A support base at 1195 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1220
1212.5
1209
1197 Last
1195
1189
1183.5
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