Pivot: 107.10
Our preference: LONG positions above 107.1 with 109.3 110 as next targets.
Alternative scenario: The downside breakout of 107.1 will open the way to 106.1 105.
Comment: the RSI is negative but supported by a strong support.
Trend: ST Bullish; MT Bullish
Key levels Comment
111.2* Fib projection
110* Fib projection
109.3* Previous high
108.09 Last
107.1** Intraday pivot point
106.1*** Intraday support
105** Intraday support
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