Pivot: 101.00
Our preference: LONG positions above 101 with 103.15 103.75 in sight.
Alternative scenario: The downside breakout of 101 will open the way to 99.65 98.4.
Comment: the RSI is bullish and calls for further upside.
Trend: ST Consolidation; MT Bullish
Key levels Comment
105** Intraday resistance
103.75** Intraday resistance
103.15*** Intraday pivot point
102.3 Last
101** Intraday support
99.65** Intraday support
98.4** Intraday support
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