Pivot: 103.30
Our preference: SHORT positions below 103.3 with 102.2 100.85 as next targets.
Alternative scenario: The upside penetration of 103.3 will call for a rebound towards 103.95 105.
Comment: capped by a negative trend line.
Trend: ST Consolidation; MT Bullish
Key levels Comment
105** Intraday resistance
103.95** Intraday resistance
103.3** Intraday pivot point
102.71 Last
102.2** Intraday support
100.85** Intraday support
99.65** Intraday support
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