Pivot: 99.65.
Our preference: SHORT positions below 99.65 with 98.55 98.2 in sight.
Alternative scenario: The upside breakout of 99.65 will open the way to 100 100.45.
Comment: the 99.65 resistance area maintains a downside pressure while the RSI lacks upward momentum.
Trend: ST Ltd Upside; MT Range
Key levels Comment
100.45*** Intraday resistance
100** Intraday resistance
99.65*** Intraday pivot point
99.24 Last
98.55*** Intraday support
98.2*** Intraday support
97.6*** Intraday support
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