Pivot: 123.75
Our preference: Long positions above 123.75 with targets @ 124.35 124.6 in extension.
Alternative scenario: Below 123.75 look for further downside with 123.5 123.3 as targets.
Comment: A support base at 123.75 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
124.9 **
124.6 ***
124.35 **
123.97 Last
123.75 ***
123.5 ***
123.3 **
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