Pivot: 1130
Our preference: Long positions above 1130 with targets @ 1224 1255 in extension.
Alternative scenario: Below 1130 look for further downside with 1085 1050 as targets.
Comment: A support base at 1130 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1309 **
1255 *
1224 *
1171.22 Last
1130 ***
1085 *
1050 *
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