Pivot: 123.6
Our preference: Long positions above 123.6 with targets @ 124.5 125.5 in extension.
Alternative scenario: Below 123.6 look for further downside with 122.85 122.45 as targets.
Comment: A support base at 123.6 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
126.3
125.5
124.5
124.1200 Last
123.6
122.85
122.45
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