Pivot: 108.70 Our preference: short positions below 108.70 with targets at 108.00 & 107.25 in extension. Alternative scenario: above 108.70 look for further upside with 109.20 & 109.40 as targets. Comment: as long as the resistance at 108.70 is not surpassed, the risk of the break below 108.00 remains high. Supports and resistances: 109.40 * 109.20 * 108.70 *** 108.33 Last 108.00 ** 107.25 ** 107.00 *