Pivot
78.70
Our preference
Short positions below 78.70 with targets at 77.10 & 76.40 in extension.
Alternative scenario
Above 78.70 look for further upside with 79.50 & 80.20 as targets.
Comment
The RSI lacks upward momentum.
Supports and resistances
80.20
79.50
78.70
78.10 Last
77.10
76.40
75.80
Number of asterisks represents the strength of support and resistance levels.