Pivot: 1232
Our preference: Long positions above 1232 with targets @ 1261.5 1272 in extension.
Alternative scenario: Below 1232 look for further downside with 1225 1216 as targets.
Comment: The RSI is mixed with a bullish bias.
Supports and resistances:
1277 **
1272 **
1261.5 **
1252 Last
1232 ***
1225 **
1216 *
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