Pivot: 1329.00
Our preference: SHORT positions below 1329 with targets @ 1298 1283.
Alternative scenario: The upside breakout of 1329 will open the way to 1338 1348.
Comment: as long as the resistance at 1329 is not surpassed, the risk of the break below 1298 remains high.
Trend: ST Ltd upside; MT Bullish
Key levels Comment
1348*** Horizontal resistance
1338** Horizontal resistance
1329** Intraday pivot point
1312.13 Last
1298*** Intraday support
1283** Fib retracement (38.2%)
1269** Intraday support
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