|R4||105.63||*||6 Jan (w) high||S1||102.50||*||congestion|
|R3||105.00||*||congestion||S2||102.00||**||38.2% ret of|
|R2||104.00||**||congestion||S3||101.64||**||3 Jun (m) low|
|R1||103.50||**||congestion||S4||101.30||**||30 May (m) low|
Asterisk denotes strength of level
13:15 GMT - Little change to the bearish tone, as prices extend consolidation around 103.00 following the break below 103.50. Intraday studies have turned negative and daily readings are under pressure, highlighting a bearish tone and room for deeper losses in the coming sessions. Support is at congestion around 102.50. A close beneath here will add fresh weight to sentiment and extend September losses towards the 102.00 Fibonacci retracement. Meanwhile, resistance at 103.50 should continue to cap immediate tests higher.