Pivot: 48.70
Our preference: long positions above 48.70 with targets @ 50.23 & 50.60 in extension.
Alternative scenario: below 48.70 look for further downside with 48.20 & 47.65 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
51.00
50.60
50.23
49.60 Last
48.70
48.20
47.65
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