Pivot: 107.10
Our preference: LONG positions above 107.1 with 109.15 110 as next targets.
Alternative scenario: The downside penetration of 107.1 will call for 106 104.3.
Comment: the RSI is supported by a rising trend line.
Trend: ST Bullish; MT Bullish
Key levels Comment
110.7** Intraday resistance
110** Fib retracement (61.8%)
109.15** Intraday resistance
108.39 Last
107.1*** Intraday pivot point
106** Intraday support
104.3** Intraday support
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