Pivot: 1208
Our preference: Short positions below 1208 with targets @ 1190 1180 in extension.
Alternative scenario: Above 1208 look for further upside with 1221.5 1231 as targets.
Comment: As long as 1208 is resistance, likely decline to 1190.
Supports and resistances:
1231
1221.5
1208
1198.82 Last
1190
1180
1165
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