Long positions above 48450 with targets at 48920 & 49060 in extension.

Pivot: 48450
Our preference: long positions above 48450 with targets at 48920 & 49060 in extension.
Alternative scenario: below 48450 look for further downside with 48300 & 48150 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
49250
49060
48920
48686 Last
48450
48300
48150