Pivot: 105.75
Our preference: LONG positions above 105.75 with 106.7 107.35 as next targets.
Alternative scenario: The downside penetration of 105.75 will call for 105 104.3.
Comment: the RSI is above its neutrality area at 50%.
Trend: ST Consolidation; MT Bullish
Key levels Comment
107.9** Intraday resistance
107.35** Intraday resistance
106.7** Intraday resistance
106.35 Last
105.75*** Intraday pivot point
105** Intraday support
104.3** Intraday support
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