Pivot: 119.65
Our preference: Long positions above 119.65 with targets @ 120.4 120.65 in extension.
Alternative scenario: Below 119.65 look for further downside with 119.2 118.85 as targets.
Comment: A support base at 119.65 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
121.05 ***
120.65 ***
120.4 ***
119.86 Last
119.65 ***
119.2 ***
118.85 ***
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