Pivot: 99.40
Our preference: SHORT positions below 99.4 with 98.5 97.85 as next targets.
Alternative scenario: The upside penetration of 99.4 will call for a rebound towards 100.1 100.4.
Comment: the break below 99.4 is a negative signal that has opened a path to 98.5.
Trend: ST Ltd downside; MT Range
Key levels Comment
100.4** Intraday resistance
100.1** Intraday resistance
99.4*** Intraday pivot point
98.87 Last
98.5** Intraday support
97.85** Intraday support
97.25** Intraday support
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