Pivot: 105.75
Our preference: LONG positions above 105.75 with 106.7 107.35 in sight.
Alternative scenario: The downside penetration of 105.75 will call for a slide towards 105.25 104.6.
Comment: the RSI is mixed.
Trend: ST Consolidation; MT Bullish
Key levels Comment
107.6** Intraday resistance
107.35** Intraday resistance
106.7** Intraday resistance
106.3 Last
105.75*** Intraday pivot point
105.25** Intraday support
104.6** Intraday support
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