Pivot: 16240.00
Our preference:

short positions below 16240.00 with targets at 15985.00 & 15755.00 in extension.
Alternative scenario:

above 16240.00 look for further upside with 16370.00 & 16470.00 as targets.
Comment:

the RSI is below its neutrality area at 50%
Chart PatternsTechnical IndicatorsTrend Analysis

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