Pivot
120.00
Our preference
Long positions above 120.00 with targets at 125.40 & 129.00 in extension.
Alternative scenario
Below 120.00 look for further downside with 116.50 & 112.40 as targets.
Comment
The next resistances are at 125.40 and then at 129.00.
Supports and resistances
131.90
129.00
125.40
122.90 Last
120.00
116.50
112.40
Number of asterisks represents the strength of support and resistance levels.