Pivot (invalidation): 18.0400

Our preference Short positions below 18.0400 with targets at 17.8500 & 17.7600 in extension.

Alternative scenario Above 18.0400 look for further upside with 18.1200 & 18.2100 as targets.

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Comment As Long as 18.0400 is resistance, look for choppy price action with a bearish bias.

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