Not much resistance
The earlier post outlined the resistance defined by the 200 hour moving average, the 100 hour moving average and the 50% retracement between 107.083 and 107.116. The market had no trouble slicing through that cluster of resistance targets. Sellers against the area may feel inclined to close position on the break.
The 61.8% retracement 107.20 and the underside of the broken trend line at 107.253 are the next upside targets.
