Current level at 10:10 CET is 107.51, trading below the daily pivot point level of 108.01 and also below first support at 107.58. Second support comes in at 107.29. The falling 200 day moving average at 108.14, seems to be capping the upside while the daily MACD is threatening to sink below the zero line. Good support is to be expected at 106.80, being the Fibonacci 38.2 percent retracement of the entire 95.75 - 124.15 range. Pivot point related resistance levels for today are at 108.31 and then 108.74.
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