Pivot: 108.65
Our preference: long positions above 108.65 with targets @ 109.20 & 109.65 in extension.
Alternative scenario: below 108.65 look for further downside with 108.20 & 107.40 as targets.
Comment: a support base at 108.65 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
110.50
109.65
109.20
108.82 Last
108.65
108.20
107.40
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