Pivot: 1180
Our preference: Short positions below 1180 with targets @ 1170 1162.5 in extension.
Alternative scenario: Above 1180 look for further upside with 1185 1188 as targets.
Comment: As long as 1180 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1188
1185
1180
1173.97 Last
1170
1162.5
1160
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