| Resistance3: | 114.75 |
| Resistance2: | 111.25 |
| Resistance1: | 107.5 |
| Last: | 105.88 |
| Pivot: | 102 |
| Support1: | 102 |
| Support2: | 100 |
| Support3: | 97.6 |
Our preference: Long positions above 102 with targets @ 107.5 & 111.25 in extension.
Alternative scenario: Below 102 look for further downside with 100 & 97.6 as targets.
Comment: the pair has broken above a key declining trend line while daily technical indicators are well directed.
114.75
111.25
107.5
105.88 (last)
102
100
97.6
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