Pivot: 102.10
Our preference: LONG positions above 102.1 with 104.95 106.2 in sight.
Alternative scenario: The downside breakout of 102.1 will open the way to 101 99.65.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Ltd downside; MT Range
Key levels Comment
107.4** Intraday resistance
106.2** Intraday resistance
104.95** Intraday resistance
102.93 Last
102.1*** Intraday pivot point
101** Intraday support
99.65** Intraday support
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