Pivot: 106.10
Our preference: LONG positions above 106.1 with 108.6 110 in sight.
Alternative scenario: The downside breakout of 106.1 will open the way to 105 104.
Comment: the RSI is bullish and calls for further upside.
Trend: ST Bullish; MT Bullish
Key levels Comment
111.2* Fib projection
110* Fib projection
108.6* Fib projection
108.19 Last
106.1*** Intraday pivot point
105** Intraday support
104** Intraday support
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