Pivot: 121.5
Our preference: short positions below 121.5 with targets @ 120.65 & 120.05 in extension.
Alternative scenario: above 121.5 look for further upside with 122.15 & 122.6 as targets.
Comment: as long as 121.5 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
122.6 ***
122.15 **
121.5 ***
121.03 Last
120.65 ***
120.05 ***
119.50 ***
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