Pivot: 101.4
Our preference: Long positions above 101.4 with targets @ 101.8 102.05 in extension.
Alternative scenario: Below 101.4 look for further downside with 101.2 101.05 as targets.
Comment: The RSI is posting a bullish divergence (not confirmed yet). The 101.4 congestion area is expected to limit the downside potential.
Supports and resistances:
102.25
102.05
101.8
101.475 Last
101.4
101.2
101.05
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