Pivot: 1365.00
Our preference: LONG positions above 1365 with targets @ 1402 1423.
Alternative scenario: The downside penetration of 1365 will call for a slide towards 1354 1338.
Comment: a support base at 1365 has formed and has allowed for a temporary stabilisation.
Trend: ST Bearish; MT Bearish
Key levels Comment
1445** Intraday resistance
1423** Intraday resistance
1402** Fib retracement (61.8%)
1386.05 Last
1365** Intraday pivot point
1354** Intraday support
1338** Intraday support
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