Pivot: 110.70
Our preference: SHORT positions below 110.7 with targets @ 108.3 107.4.
Alternative scenario: The upside penetration of 110.7 will call for 112.2 114.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Bullish; MT Bullish
Key levels Comment
114* Fib projection
112.2** Previous high
110.7** Intraday resistance
109.32 Last
108.3** Intraday support
107.4** Intraday support
106.6** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL