Pivot: 94.65
Our preference: SHORT positions below 94.65 with 92 91.1 in sight.
Alternative scenario: The upside breakout of 94.65 will open the way to 96.15 97.7.
Comment: the RSI advocates for further downside.
Trend: ST Bearish; MT Range
Key levels Comment
97.7* Intraday resistance
96.15* Intraday resistance
94.65** Intraday pivot point
93.58 Last
92** Intraday support
91.1** Intraday support
90.3** Fib retracement (50%)
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