Pivot: 98.25
Our preference: SHORT positions below 98.25 with targets @ 95.35 94.4.
Alternative scenario: The upside breakout of 98.25 will open the way to 99.2 100.
Comment: as long as 98.25 is resistance, likely decline to 95.35.
Trend: ST Bullish; MT Bullish
Key levels Comment
100** Intraday resistance
99.2** Intraday resistance
98.25*** Intraday pivot point
96.7 Last
95.35** Intraday support
94.4** Intraday support
92.6** Fib retracement (61.8%)
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