Pivot: 109.00
Our preference:
long positions above 109.00 with targets at 109.80 & 110.10 in extension.
Alternative scenario:
below 109.00 look for further downside with 108.45 & 108.00 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
110.55
110.10
109.80
109.37
Last
109.00
108.45
108.00
