Pivot: 107.90
Our preference: SHORT positions below 107.9 with 105.3 104.3 in sight.
Alternative scenario: The upside breakout of 107.9 will open the way to 109 110.
Comment: as long as 107.9 is resistance, expect a return to 105.3.
Trend: ST Consolidation; MT Bullish
Key levels Comment
110* Intraday resistance
109** Intraday resistance
107.9*** Intraday pivot point
106.85 Last
105.3** Intraday support
104.3** Intraday support
103.1** Intraday support
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