Pivot: 1240
Our preference: Short positions below 1240 with targets @ 1209 1194 in extension.
Alternative scenario: Above 1240 look for further upside with 1258 1279 as targets.
Comment: as long as the resistance at 1240 is not surpassed, the risk of the break below 1209 remains high.
Supports and resistances:
1279
1258
1240
1222 Last
1209
1194
1180
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