Pivot: 101.25
Our preference: Long positions above 101.25 with targets @ 101.9 102.1 in extension.
Alternative scenario: Below 101.25 look for further downside with 101.05 100.8 as targets.
Comment: The RSI is bullish and calls for further upside. In addition, the upside breakout of the 101.6 resistance area is a positive signal.
Supports and resistances:
102.35
102.1
101.9
101.695 Last
101.25
101.05
100.8
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