Pivot: 97.75
Our preference: SHORT positions below 97.75 with 95.7 94.55 as next targets.
Alternative scenario: The upside breakout of 97.75 will open the way to 98.45 99.25.
Comment: as long as 97.75 is resistance, look for choppy price action with a bearish bias.
Trend: ST Ltd downside; MT Range
Key levels Comment
99.25** Intraday resistance
98.45** Intraday resistance
97.75*** Intraday pivot point
97.01 Last
95.7** Intraday support
94.55** Intraday support
92.4* Intraday support
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