Pivot: 98.40
Our preference: SHORT positions below 98.4 with targets @ 95.85 94.5.
Alternative scenario: The upside breakout of 98.4 will open the way to 99.6 100.4.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Ltd downside; MT Range
Key levels Comment
100.4** Intraday resistance
99.6** Intraday resistance
98.4*** Intraday pivot point
96.46 Last
95.85** Intraday support
94.5** Intraday support
93** Intraday support
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