Pivot: 39.00
Our preference: long positions above 39.00 with targets @ 39.88 & 40.38 in extension.
Alternative scenario: below 39.00 look for further downside with 38.35 & 38.00 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
40.85
40.38
39.88
39.67 Last
39.00
38.35
38.00
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