Next resistance is a weekly high from last year around 97.45 with a 50% retracement level at 98.85 behind that. Next support is at the previous high of 94.45. Strategy: short-term double bottom in place signalling at least a prolonged pause in the trend but with the very strong downtrend still in control, my medium term bias is to sell exhaustive rallies. S/T; buy at 94.45 for a move to 98.85. M/T; sell at 101.65 with a stop above the trend line if you can afford it.
