Pivot: 137.9
Our preference: Long positions above 137.9 with targets @ 138.4 138.8 in extension.
Alternative scenario: Below 137.9 look for further downside with 137.55 136.95 as targets.
Comment: A support base at 137.9 has formed and has allowed for a temporary stabilisation. A continuation pattern (flat) is forming.
Supports and resistances:
139.2
138.8
138.4
138.07 Last
137.9
137.55
136.95
Copyright 1999 – 2014 TRADING CENTRAL