Trading Strategy

Short Term: supported by a rising trend line.

long positions above 3160.00 with targets at 3278.50 & 3500.00 in extension.

Intraday: as long as 1.1692 is support look for 1.1784

as long as 1.1692 is support look for 1.1784

Intraday: the upside prevails as long as 1.1687 is support

the upside prevails as long as 1.1687 is support

Intraday: key resistance at 3295.00.

short positions below 3295.00 with targets at 3245.00 & 3225.00 in extension.

Intraday: the downside prevails as long as 107760 is resistance

the downside prevails as long as 107760 is resistance.

Intraday: key resistance at 3295.00.

short positions below 3295.00 with targets at 3245.00 & 3225.00 in extension.

Intraday: further upside.

long positions above 1.1700 with targets at 1.1745 & 1.1780 in extension.

Short Term: under pressure below 3,483.08

under pressure below 3,483.08

Intraday: key resistance at 3313.00.

short positions below 3313.00 with targets at 3278.00 & 3262.00 in extension.

Intraday: further advance.

long positions above 1.1685 with targets at 1.1745 & 1.1780 in extension.

Intraday: under pressure.

short positions below 3313.00 with targets at 3278.00 & 3262.00 in extension.

Intraday: the upside prevails as long as 106330 is support

the upside prevails as long as 106330 is support.

Intraday: watch 1.1670.

short positions below 1.1715 with targets at 1.1670 & 1.1645 in extension.

Intraday: the downside prevails.

short positions below 3321.00 with targets at 3278.00 & 3262.00 in extension.

Intraday: the upside prevails as long as 106540 is support

the upside prevails as long as 106540 is support.

Intraday: aim @ 3295.00.

short positions below 3325.00 with targets at 3295.00 & 3278.00 in extension.

Intraday: key resistance at 1.1720.

short positions below 1.1720 with targets at 1.1670 & 1.1650 in extension.

Intraday: the downside prevails as long as 108190 is resistance

the downside prevails as long as 108190 is resistance.

Intraday: watch 1.1670.

short positions below 1.1720 with targets at 1.1670 & 1.1650 in extension.