Pivot: 106.90
Our preference: LONG positions above 106.9 with 108.9 109.5 as next targets.
Alternative scenario: The downside penetration of 106.9 will call for 106.3 105.7.
Comment: intraday support around 106.9
Trend: ST Bullish; MT Bullish
Key levels Comment
111.1* Fib projection
109.5* Fib projection
108.9* Previous high
107.3 Last
106.9** Intraday pivot point
106.3** Fib retracement (50%)
105.7** Fib retracement (61.8%)
Copyright 1999 – 2013 TRADING CENTRAL