Pivot: 105.25
Our preference: LONG positions above 105.25 with 106.4 106.95 in sight.
Alternative scenario: The downside penetration of 105.25 will call for 104.3 103.5.
Comment: the RSI has just broken above a declining trend line.
Trend: ST Consolidation; MT Bullish
Key levels Comment
107.5** Intraday resistance
106.95** Intraday resistance
106.4** Intraday resistance
106.07 Last
105.25** Intraday pivot point
104.3** Intraday support
103.5*** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL