Pivot: 107.40
Our preference: long positions above 107.40 with targets @ 108.70 & 109.25 in extension.
Alternative scenario: below 107.40 look for further downside with 107.00 & 106.50 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
109.90
109.25
108.70
108.618 Last
107.40
107.00
106.50
Our preference: long positions above 107.40 with targets @ 108.70 & 109.25 in extension.
Alternative scenario: below 107.40 look for further downside with 107.00 & 106.50 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
109.90
109.25
108.70
108.618 Last
107.40
107.00
106.50
