Long positions above 45160.00 with targets at 45390.00 & 45530.00 in extension.
Pivot: 45160.00
Our preference: long positions above 45160.00 with targets at 45390.00 & 45530.00 in extension.
Alternative scenario: below 45160.00 look for further downside with 45050.00 & 44930.00 as targets.
Comment: a support base at 45160.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
45690.00
45530.00
45390.00
45322.00 Last
45160.00
45050.00
44930.00