Pivot: 109.30
Our preference: short positions below 109.30 with targets @ 107.70 & 107.00 in extension.
Alternative scenario: above 109.30 look for further upside with 109.95 & 110.50 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
110.50
109.95
109.30
108.34 Last
107.70
107.00
106.15
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