Spot Price: 119.10
Technical Analysis:
Another failed rebound attempt o/n but prices were unable to break below the 118.00 trend lows either. Daily downtrend is o/s as it tangled with the 2% MA env base (118.10) for a second session & w o/s slow stochs and RSI readings. We have a Fibo projected resistance at 119.05 which is near the session high and close by again. 119.40 pivotal.