Pivot: 116.00
Our preference: short positions below 116.00 with targets @ 110.00 & 107.50 in extension.
Alternative scenario: above 116.00 look for further upside with 118.75 & 121.70 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
121.70 ***
118.75 ***
116.00 ***
111.05 Last
110.00 ***
107.50 **
105.20 ***
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