Pivot: 107.30
Our preference: LONG positions above 107.3 with 108.9 109.75 as next targets.
Alternative scenario: The downside penetration of 107.3 will call for a slide towards 106.4 105.6.
Comment: the RSI is bullish and calls for further upside.
Trend: ST Bullish; MT Bullish
Key levels Comment
110.7** Intraday resistance
109.75** Intraday resistance
108.9** Intraday resistance
108.64 Last
107.3** Intraday pivot point
106.4** Intraday support
105.6** Intraday support
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