Pivot: 102.20
Our preference: LONG positions above 102.2 with 103.95 105 as next targets.
Alternative scenario: The downside breakout of 102.2 will open the way to 100.85 99.65.
Comment: a support base at 102.2 has formed and has allowed for a temporary stabilisation.
Trend: ST Consolidation; MT Bullish
Key levels Comment
106.1** Intraday resistance
105** Intraday resistance
103.95** Intraday resistance
102.78 Last
102.2** Intraday pivot point
100.85** Intraday support
99.65** Intraday support
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