Pivot: 105.45
Our preference: LONG positions above 105.45 with targets @ 107.6 108.9.
Alternative scenario: The downside penetration of 105.45 will call for 104.75 103.75.
Comment: the RSI is mixed.
Trend: ST Bullish; MT Bullish
Key levels Comment
110.25* Fib projection
108.9** Intraday resistance
107.6* Intraday resistance
107.19 Last
105.45*** Intraday pivot point
104.75** Intraday support
103.75** Intraday support
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