Pivot: 96.25
Our preference: LONG positions above 96.25 with targets @ 97.85 98.35.
Alternative scenario: The downside breakout of 96.25 will open the way to 95.25 94.
Comment: a support base at 96.25 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd upside; MT Range
Key levels Comment
98.95** Intraday resistance
98.35** Intraday resistance
97.85** Intraday pivot point
96.45 Last
96.25** Intraday pivot point
95.25** Intraday support
94** Intraday support
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