Pivot: 99.20
Our preference: SHORT positions below 99.2 with targets @ 97.6 97.1.
Alternative scenario: The upside penetration of 99.2 will call for 100 100.6.
Comment: as long as the resistance at 99.2 is not surpassed, the risk of the break below 97.6 remains high.
Trend: ST Bullish; MT Bullish
Key levels Comment
100.6** Intraday resistance
100** Intraday resistance
99.2** Intraday pivot point
98.48 Last
97.6** Intraday support
97.1** Intraday support
96.2** Fib retracement (61.8%)
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