Pivot: 107.40
Our Preference: LONG positions above 107.4 with 109.3 & 110.35 as next targets.
Alternative scenario: The downside breakout of 107.4 will open the way to 106.75 & 105.55.
Comment: the immediate trend remains up and the momentum is strong.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
111.55** Fib projection
110.35** Fib projection
109.3** Intraday resistance
108.5 Last
107.4** Intraday pivot point
106.75** Intraday support
105.55** Intraday support
Our Preference: LONG positions above 107.4 with 109.3 & 110.35 as next targets.
Alternative scenario: The downside breakout of 107.4 will open the way to 106.75 & 105.55.
Comment: the immediate trend remains up and the momentum is strong.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
111.55** Fib projection
110.35** Fib projection
109.3** Intraday resistance
108.5 Last
107.4** Intraday pivot point
106.75** Intraday support
105.55** Intraday support
No comments:
Post a Comment