Pivot: 123.3
Our preference: Short positions below 123.3 with targets @ 122.5 122.15 in extension.
Alternative scenario: Above 123.3 look for further upside with 123.7 124.1 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
124.1
123.7
123.3
123.0550 Last
122.5
122.15
121.75
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