Pivot: 14.5
Our preference: Short positions below 14.5 with targets @ 14.27 14.14 in extension.
Alternative scenario: Above 14.5 look for further upside with 14.65 14.77 as targets.
Comment: The RSI is capped by a bearish trend line. The descending 50-period MA maintains a bearish bias.
Supports and resistances:
14.77
14.65
14.5
14.404 Last
14.27
14.14
14
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