Pivot: 101.50
Our preference: LONG positions above 101.5 with 103.55 104.1 as next targets.
Alternative scenario: The downside breakout of 101.5 will open the way to 100.6 99.65.
Comment: the RSI broke above a declining trend line.
Trend: ST Ltd downside; MT Range
Key levels Comment
104.95** Intraday resistance
104.1** Intraday resistance
103.55** Intraday pivot point
102.26 Last
101.5** Intraday support
100.6** Intraday support
99.65** Intraday support
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