Pivot
104.1200
Our preference
Long positions above 104.1200 with targets at 104.5500 & 104.7000 in extension.
Alternative scenario
Below 104.1200 look for further downside with 104.0000 & 103.8500 as targets.
Comment
A support base at 104.1200 has formed and has allowed for a temporary stabilisation.
Supports and resistances
104.8800
104.7000
104.5500
104.3300 Last
104.1200
104.0000
103.8500
Number of asterisks represents the strength of support and resistance levels.


