Our preference: long positions above 119.80 with targets at 120.65 & 121.00 in extension.
Alternative scenario: below 119.80 look for further downside with 119.50 & 119.00 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
121.30 ***
121.00 ***
120.65 ***
120.25 Last
119.80 ***
119.50 ***
119.00 **
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