Pivot: 120.25
Our preference: Short positions below 120.25 with targets @ 119.55 119.2 in extension.
Alternative scenario: Above 120.25 look for further upside with 120.5 120.85 as targets.
Comment: As long as the resistance at 120.25 is not surpassed, the risk of the break below 119.55 remains high.
Supports and resistances:
120.85 ***
120.5 ***
120.25 ***
119.96 Last
119.55 ***
119.2 ***
118.75 ***
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