| Resistance3: | 127.5 |
| Resistance2: | 122.5 |
| Resistance1: | 118.15 |
| Last: | 112.9 |
| Pivot: | 106 |
| Support1: | 106 |
| Support2: | 102 |
| Support3: | 94 |
Our preference: Long positions above 106 with targets @ 118.15 & 122.5 in extension.
Alternative scenario: Below 106 look for further downside with 102 & 94 as targets.
Comment: the pair is shaping a rounding bottom which calls for further recovery.
127.5
122.5
118.15
112.9 (last)
106
102
94
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