Pivot: 96.05
Our preference: LONG positions above 96.05 with 97.8 98.5 as next targets.
Alternative scenario: The downside penetration of 96.05 will call for a slide towards 95.5 94.9.
Comment: the RSI is bullish and calls for further advance.
Trend: ST Range; MT Bullish
Key levels Comment
98.95** Intraday resistance
98.5** Intraday resistance
97.8** Intraday resistance
97.04 Last
96.05*** Intraday pivot point
95.5** Intraday support
94.9** Intraday support
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