Pivot: 89.20
Our preference: LONG positions above 89.2 with 92.1 93.4 in sight.
Alternative scenario: The downside penetration of 89.2 will call for 87.8 86.6.
Comment: the RSI is mixed with a bullish bias.
Trend: ST Bearish; MT Range
Key levels Comment
95.1* Intraday resistance
93.4** Fib retracement (61.8%)
92.1*** Intraday resistance
90.87 Last
89.2** Intraday pivot point
87.8*** Intraday support
86.6* Intraday support
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