Yearly cyclical support 87.11, resistance 101.80
Pivotal support 89.62, resistance 103.82
Q2 - as at 9 May 2018
Q1 closed above Y support of 89.62 after penetrating Q pivotal support at 88.70.
Q2 has shown strength and has broken through pivotal resistance at 91.91 as well as 92.63.
Provided Q3 opens above 92.63 there is a gap over the next few quarters to light resistance at 100.39 and 100.51 before hitting yearly resistance at 101.80.
April closed around Q resistance of 91.91 and broke through weak Q resistance of 92.63, leaving a gap on the monthly level to M resistance at 95.14.