Pivot: 102.50
Our preference: SHORT positions below 102.5 with 100.6 99.65 as next targets.
Alternative scenario: The upside breakout of 102.5 will open the way to 104.1 104.95.
Comment: the upward potential is likely to be limited by the resistance at 102.5.
Trend: ST Ltd downside; MT Range
Key levels Comment
104.95** Intraday resistance
104.1** Intraday resistance
102.5** Intraday pivot point
102.28 Last
100.6** Intraday support
99.65** Intraday support
98.35** Intraday support
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