Pivot: 116
Our preference: long positions above 116 with targets @ 123.8 & 126 in extension.
Alternative scenario: below 116 look for further downside with 113.85 & 110 as targets.
Comment: the RSI is well directed.
Supports and resistances:
127.7 **
126 ***
123.8 ***
121.37 Last
116 ***
113.85 ***
110 **
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