Pivot: 120.6
Our preference: Long positions above 120.6 with targets @ 121.28 121.6 in extension.
Alternative scenario: Below 120.6 look for further downside with 120.2 119.85 as targets.
Comment: A support base at 120.6 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
121.85 **
121.6 **
121.28 **
120.773 Last
120.6 ***
120.2 **
119.85 ***
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