Pivot: 102.00
Our preference: SHORT positions below 102 with 99.6 99 as next targets.
Alternative scenario: The upside breakout of 102 will open the way to 102.5 103.1.
Comment: the RSI is bearish and calls for further decline.
Trend: ST Ltd downside; MT Range
Key levels Comment
103.1** Intraday resistance
102.5** Intraday resistance
102** Intraday pivot point
100.29 Last
99.6** Intraday support
99** Intraday support
98.2** Intraday support
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