Pivot: 119.8
Our preference: long positions above 119.8 with targets @ 123.8 126 in extension.
Alternative scenario: below 119.8 look for further downside with 118 116 as targets.
Comment: a support base at 119.8 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
127.7 **
126 ***
123.8 ***
120.31 Last
119.8 ***
118 ***
116 ***
Copyright 1999 – 2016 TRADING CENTRAL