Pivot: 106.40
Our preference: LONG positions above 106.4 with 108.15 108.75 as next targets.
Alternative scenario: The downside penetration of 106.4 will call for 105.6 105.
Comment: the RSI is supported by a bullish trend line.
Trend: ST Consolidation; MT Bullish
Key levels Comment
109.1** Intraday resistance
108.75*** Intraday resistance
108.15** Intraday resistance
107.58 Last
106.4* Intraday pivot point
105.6* Intraday support
105** Intraday support
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