Pivot: 106.00
Our preference: SHORT positions below 106 with 104.1 103.75 as next targets.
Alternative scenario: The upside penetration of 106 will call for 106.65 107.3.
Comment: technically, the RSI is below its neutrality area at 50.
Trend: ST Consolidation; MT Bullish
Key levels Comment
107.3** Intraday resistance
106.65** Intraday resistance
106*** Intraday pivot point
104.79 Last
104.1** Intraday support
103.75** Intraday support
103.1** Intraday support
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