Pivot: 102.00
Our preference: SHORT positions below 102 with 100 99.5 as next targets.
Alternative scenario: The upside breakout of 102 will open the way to 102.95 103.55.
Comment: as long as 102 is resistance, look for choppy price action with a bearish bias.
Trend: ST Ltd downside; MT Range
Key levels Comment
103.55** Intraday resistance
102.95** Intraday resistance
102** Intraday pivot point
100.78 Last
100** Intraday support
99.5** Intraday support
98.4** Intraday support
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