Pivot: 1225
Our preference: Long positions above 1225 with targets @ 1244.3 1250 in extension.
Alternative scenario: Below 1225 look for further downside with 1216 1205 as targets.
Comment: The RSI calls for a rebound.
Supports and resistances:
1261.5 **
1250 **
1244.3 **
1229 Last
1225 ***
1216 **
1205 *
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