Friday’s break drops trade against the key 104.96 support level. A close under 104.96 confirms a short term turnover and will drag trade down along 104.10. If trade is able to stabilize over 105.70, then expect creeping rallies, but a close over 105.98 is needed to rekindle bull trending action.

R2          105.98
R1          105.70
 

S1          105.24
S2          104.96