AP : Key support at 6.2, then 6

If AP ends this week above 6.40 it will be a good sign that a late month rally to 6.80, possibly 7 may still occur, but we fear it will at best retest support at 6.20 first, and maybe dip to 6 or so if the market sees a sell-off due to regional uncertainty.

At 6 or so we think a rebound trade is worth consideration

 

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