Pivot: 103.45
Our preference: Short positions below 103.45 with targets @ 101.3 100.8 in extension.
Alternative scenario: Above 103.45 look for further upside with 104 104.5 as targets.
Comment: as long as 103.45 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
104.5
104
103.45
101.92 Last
101.3
100.8
100.4
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