Pivot: 105.80
Our preference: LONG positions above 105.8 with 107.35 107.95 in sight.
Alternative scenario: The downside penetration of 105.8 will call for a slide towards 105.25 104.6.
Comment: the RSI lacks downward momentum.
Trend: ST Consolidation; MT Bullish
Key levels Comment
108.5** Intraday resistance
107.95*** Intraday resistance
107.35** Intraday resistance
106.62 Last
105.8** Intraday pivot point
105.25** Intraday support
104.6** Intraday support
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