Pivot: 96.00
Our preference: SHORT positions below 96 with 94 93.6 in sight.
Alternative scenario: The upside penetration of 96 will call for a rebound towards 96.9 97.85.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Ltd upside; MT Range
Key levels Comment
97.85** Intraday resistance
96.9** Intraday resistance
96** Intraday pivot point
94.32 Last
94*** Intraday support
93.6** Intraday support
92.8** Fib retracement (61.8%)
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