Pivot: 117.4
Our preference: Long positions above 117.4 with targets @ 118.4 119 in extension.
Alternative scenario: Below 117.4 look for further downside with 116.75 116.35 as targets.
Comment: A support base at 117.4 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
119.7
119
118.4
117.76 Last
117.4
116.75
116.35
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