R5 1.1140 23 Oct high
R4 1.1087 * Sep low, break
R3 1.1060 * 15 Dec high
R2 1.1045 200-day MA
R1 1.0993 * 28 Dec high
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S1 1.0853 intraday level
S2 1.0800 * figure
S3 1.0771 7 Jan low
S4 1.0711 * 5 Jan low
S5 1.0689 25 Nov high
Strong start to the week seeing extension of the rally from 1.0711 low last week with break above the 1.0940/46 area shifting focus to the 1.1000 level next. Beyond this will see the 200-day MA coming into play at 1.1045 then strong resistance area at 1.1060/87. Support now at the 1.0853 then 1.0800 level.
R4 1.1087 * Sep low, break
R3 1.1060 * 15 Dec high
R2 1.1045 200-day MA
R1 1.0993 * 28 Dec high
----------------------------------
S1 1.0853 intraday level
S2 1.0800 * figure
S3 1.0771 7 Jan low
S4 1.0711 * 5 Jan low
S5 1.0689 25 Nov high
Strong start to the week seeing extension of the rally from 1.0711 low last week with break above the 1.0940/46 area shifting focus to the 1.1000 level next. Beyond this will see the 200-day MA coming into play at 1.1045 then strong resistance area at 1.1060/87. Support now at the 1.0853 then 1.0800 level.
