Pivot: 101.15
Our preference: LONG positions above 101.15 with 104.1 104.95 in sight.
Alternative scenario: The downside penetration of 101.15 will call for 99.65 98.35.
Comment: a support base at 101.15 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd downside; MT Range
Key levels Comment
106** Intraday resistance
104.95** Intraday resistance
104.1** Intraday resistance
103.28 Last
101.15*** Intraday pivot point
99.65** Intraday support
98.35** Intraday support
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