Majority of the initial daily gains being overturned. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Intraday, and we are between bespoke support and resistance 132.75-133.53. The sequence for trading is higher highs and lows. The 261.8% Fibonacci extension is located at 135.19 from 129.60 to 131.73.
We look to Buy at 132.75 (stop at 132.25). Our profit targets will be 134.00 and 134.25
Resistance: 134.00 / 134.37 / 135.18
Support: 132.75 / 131.75 / 131.48
#OPINIONLEADER#
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