Pivot: 109.80
Our preference: SHORT positions below 109.8 with targets @ 107.9 107.25.
Alternative scenario: The upside breakout of 109.8 will open the way to 110.7 111.5.
Comment: technically, the RSI is below its neutrality area at 50.
Trend: ST Bullish; MT Bullish
Key levels Comment
111.5** Intraday resistance
110.7** Fib retracement (61.8%)
109.8*** Intraday pivot point
108.67 Last
107.9** Intraday support
107.25** Intraday support
106.5** Intraday support
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