Pivot: 123.05
Our preference: Long positions above 123.05 with targets @ 123.65 124 in extension.
Alternative scenario: Below 123.05 look for further downside with 122.75 122.5 as targets.
Comment: A support base at 123.05 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
124.3 ***
124 ***
123.65 ***
123.1980 Last
123.05 ***
122.75 ***
122.5 ***
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