Pivot: 107.60
Our preference: LONG positions above 107.6 with targets @ 109.15 110.
Alternative scenario: The downside penetration of 107.6 will call for 106.8 105.7.
Comment: 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
108.68 Last
107.6*** Intraday pivot point
106.8** Intraday support
105.7** Intraday support
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