Pivot (invalidation): 61.75

Our preference Short positions below 61.75 with targets at 61.15 & 60.65 in extension.

Alternative scenario Above 61.75 look for further upside with 62.10 & 62.65 as targets.

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Comment The RSI has just struck against its neutrality area at 50% and is reversing down. The 20-period moving average is about to cross below the 50-period moving average.


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