Pivot: 112.45
Our preference: short positions below 112.45 with targets @ 111.50 & 111.20 in extension.
Alternative scenario: above 112.45 look for further upside with 112.65 & 113.20 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
113.20
112.65
112.45
111.78 Last
111.50
111.20
111.00
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