Spot Price: 121.30
Technical Analysis:
The due rallied up until the resistance at 120.30 and failed to break., RSI is in the o/b level across back down the 70% line might signal a reversal in the trend direction. Most reactive hourly and daily studies are already o/b, with a pending bearish divergence on the hourly’s, so still see some scope for pullback to purchase ahead of 121.65.