Pivot: 1180
Our preference: Long positions above 1180 with targets @ 1240 1297 in extension.
Alternative scenario: Below 1180 look for further downside with 1125 1080 as targets.
Comment: A support base at 1180 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1345
1297
1240
1213 Last
1180
1125
1080
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