Pivot: 108.90
Our preference: SHORT positions below 108.9 with targets @ 106.3 105.7.
Alternative scenario: The upside penetration of 108.9 will call for 109.5 111.1.
Comment: technically, the RSI is below its neutrality area at 50.
Trend: ST Bullish; MT Bullish
Key levels Comment
111.1* Fib projection
109.5* Fib projection
108.9* Intraday pivot point
106.72 Last
106.3** Fib retracement (50%)
105.7** Fib retracement (61.8%)
104.75** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL