Pivot: 97.50
My Preference: LONG positions above 97.5 with targets @ 99.3 & 100.5.
Alternative scenario: The downside penetration of 97.5 will call for a slide towards 95.3 & 93.65.
Comment: the price is challenging its channel support.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
101** Intraday resistance
100.5* Intraday resistance
99.3* Intraday resistance
97.84 Last
97.5** Intraday pivot point
95.3** Intraday support
93.65** Intraday support

My Preference: LONG positions above 97.5 with targets @ 99.3 & 100.5.
Alternative scenario: The downside penetration of 97.5 will call for a slide towards 95.3 & 93.65.
Comment: the price is challenging its channel support.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
101** Intraday resistance
100.5* Intraday resistance
99.3* Intraday resistance
97.84 Last
97.5** Intraday pivot point
95.3** Intraday support
93.65** Intraday support
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