Pivot: 93.20
Our preference: LONG positions above 93.2 with targets @ 94.9 95.7.
Alternative scenario: The downside penetration of 93.2 will call for a slide towards 91.4 90.4.
Comment: a support base at 93.2 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd downside; MT Range
Key levels Comment
96.3** Intraday resistance
95.7** Intraday resistance
94.9** Intraday resistance
93.66 Last
93.2*** Intraday pivot point
91.4** Intraday support
90.4* Intraday support
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