Pivot: 119.6
Our preference: Long positions above 119.6 with targets @ 120.25 120.5 in extension.
Alternative scenario: Below 119.6 look for further downside with 119.25 119 as targets.
Comment: A support base at 119.6 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
120.75 ***
120.5 ***
120.25 ***
119.81 Last
119.6 ***
119.25 **
119 ***
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