Pivot: 97.40
Our preference: SHORT positions below 97.4 with 95.35 94.4 in sight.
Alternative scenario: The upside breakout of 97.4 will open the way to 98 99.2.
Comment: as long as 97.4 is resistance, likely decline to 95.35.
Trend: ST Bullish; MT Bullish
Key levels Comment
99.2** Intraday resistance
98** Intraday resistance
97.4*** Intraday pivot point
96.79 Last
95.35** Intraday support
94.4** Fib retracement (61.8%)
92.6** Intraday support
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