Low floor and 100 hour MA loom
The support at the 120.68-81 area held. but resistance is waiting at the 121.07-10 area. Old lows and the 100 hour MA (blue line in the chart below) create a cluster of resistance. Above that is the 200 hour MA (green line) at 121.21. The area should give traders a little more cause for pause (or profit taking).
