Pivot: 95.55
Our preference: SHORT positions below 95.55 with 93.75 92.4 in sight.
Alternative scenario: The upside penetration of 95.55 will call for a rebound towards 96.4 97.3.
Comment: as long as 95.55 is resistance, look for choppy price action with a bearish bias.
Trend: ST Range; MT Range
Key levels Comment
97.3** Intraday resistance
96.4** Intraday resistance
95.55** Intraday pivot point
95.25 Last
93.75** Intraday support
92.4** Intraday support
91.35** Intraday support
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