Trading Strategy

Intraday: key resistance at 4145.

short positions below 4145 with targets at 4075 & 4050 in extension.

Intraday: as long as 1.1559 is support look for 1.1650

as long as 1.1559 is support look for 1.1650

Intraday: the RSI is oversold

the downside prevails as long as 104220 is resistance.

Intraday: the upside prevails as long as 1.1567 is support

the upside prevails as long as 1.1567 is support

Intraday: the downside prevails.

short positions below 4145 with targets at 4075 & 4050 in extension.

Intraday: the downside prevails as long as 105650 is resistance

the downside prevails as long as 105650 is resistance.

Intraday: the bias remains bullish.

long positions above 4105 with targets at 4170 & 4200 in extension.

Intraday: key resistance at 1.1580.

short positions below 1.1580 with targets at 1.1540 & 1.1525 in extension.

Short Term: the downside prevails as long as 115420 is resistance

the downside prevails as long as 115420 is resistance.

Intraday: bullish bias above 4105.

long positions above 4105 with targets at 4170 & 4200 in extension.

Intraday: the downside prevails.

short positions below 1.1575 with targets at 1.1540 & 1.1525 in extension.

Intraday: the downside prevails as long as 106390 is resistance

the downside prevails as long as 106390 is resistance.

Intraday: the bias remains bullish.

long positions above 4105 with targets at 4170 & 4200 in extension.

Intraday: the downside prevails as long as 106210 is resistance

the downside prevails as long as 106210 is resistance.

Intraday: aim @ 4170.

long positions above 4105 with targets at 4170 & 4200 in extension.

Intraday: key resistance at 1.1575.

short positions below 1.1575 with targets at 1.1540 & 1.1525 in extension.

Intraday: under pressure below 106770

under pressure below 106770.

Intraday: look for 1.1540.

short positions below 1.1575 with targets at 1.1540 & 1.1525 in extension.

Intraday: bullish bias above 4095.

long positions above 4095 with targets at 4170 & 4200 in extension.