Pivot: 101.4
Our preference: Long positions above 101.4 with targets @ 102 102.15 in extension.
Alternative scenario: Below 101.4 look for further downside with 101.15 101.05 as targets.
Comment: The immediate trend remains up and the momentum is strong. Prices are shaping a bullish continuation pattern (Bullish Flag) calling for a rise towards 102.15.
Supports and resistances:
102.3
102.15
102
101.765 Last
101.4
101.15
101.05
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