Pivot: 103.55
Our preference: LONG positions above 103.55 with 106.2 107.75 in sight.
Alternative scenario: The downside penetration of 103.55 will call for 102.25 100.6.
Comment: the RSI calls for a rebound.
Trend: ST Consolidation; MT Bullish
Key levels Comment
108.75*** Intraday resistance
107.75** Intraday resistance
106.2** Intraday resistance
105.92 Last
103.55* Intraday pivot point
102.25** Intraday support
100.6** Intraday support
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