Pivot: 106.80
Our preference: SHORT positions below 106.8 with targets @ 103.75 103.2.
Alternative scenario: The upside penetration of 106.8 will call for 107.6 108.9.
Comment: the RSI is below its neutrality area at 50%
Trend: ST Bullish; MT Bullish
Key levels Comment
108.9* Fib projection
107.6** Intraday resistance
106.8*** Intraday pivot point
104.86 Last
103.75** Intraday support
103.2** Intraday support
102** Intraday support
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