|R1||14.8521||October 18 high||S1||14.7181||*||October 14 low|
|R2||15.0000||Break level||S2||14.7050||**||76.4% ret of the September-October rally|
|R3||15.2000||Break level||S3||14.5715/70||**||September 16-18 lows|
|R4||15.2437||October 10 high||S4||14.4909||**||September low|
Asterisk denotes strength of level
12:20 BST - The pullback from 15.0000 is within reach of the 14.7050 Fibonacci retracement. Daily studies are oversold, which suggests that there will be consolidation above here before negative weekly readings push prices beneath this level to confirm a continuation of the October fall. The subsequent focus will then turn to the 14.5715/70 area, with potential for an extension to the critical support level at September's low of 14.4909. Resistance is at the 14.8521 high from October 18, but a close above the 15.0000 break level is needed to delay downside risks and prompt a more sustainable consolidation pattern.