Pivot: 106.45
Our preference: LONG positions above 106.45 with 108.8 110.7 as next targets.
Alternative scenario: The downside penetration of 106.45 will call for a slide towards 105 102.7.
Comment: intraday support around 106.45
Trend: ST Consolidation; MT Bullish
Key levels Comment
112.9* Fib projection
110.7** Fib projection
108.8** Previous high
106.81 Last
106.45** Intraday pivot point
105** Intraday support
102.7** Intraday support
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