Pivot: 122.7
Our preference: Short positions below 122.7 with targets @ 121.9 121.4 in extension.
Alternative scenario: Above 122.7 look for further upside with 123.2 123.7 as targets.
Comment: As long as 122.7 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
123.7 *
123.2 *
122.7 ***
122.4 Last
121.9 ***
121.4 *
121.05 *
Copyright 1999 – 2015 TRADING CENTRAL