Pivot: 102.70
Our preference: LONG positions above 102.7 with targets @ 105.85 106.85.
Alternative scenario: The downside penetration of 102.7 will call for a slide towards 102 100.8.
Comment: the RSI advocates for further advance.
Trend: ST Consolidation; MT Bullish
Key levels Comment
107.5** Intraday resistance
106.85** Intraday resistance
105.85*** Intraday pivot point
105.18 Last
102.7** Intraday support
102** Intraday support
100.8** Intraday support
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