Pivot: 122.8
Our preference: Short positions below 122.8 with targets @ 122.2 122 in extension.
Alternative scenario: Above 122.8 look for further upside with 123.05 123.25 as targets.
Comment: As long as 122.8 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
123.25 **
123.05 **
122.8 ***
122.51 Last
122.2 **
122 ***
121.85 ***
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