Pivot: 107.00
Our preference: LONG positions above 107 with targets @ 109.15 110.
Alternative scenario: The downside breakout of 107 will open the way to 105.5 104.3.
Comment: the RSI lacks downward momentum.
Trend: ST Bullish; MT Bullish
Key levels Comment
110.7** Intraday resistance
110** Fib retracement (61.8%)
109.15** Intraday resistance
107.94 Last
107*** Intraday pivot point
105.5** Intraday support
104.3** Intraday support
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