Schatz failed to beat 110.46 on the open and collapsed to our buying opportunity at 110.41/40 but continued lower to 110.38. Immediate resistance at 110.43 today then 110.46 but above 110.47 can target last week's high at 110.51.
Support at 110.41/40 then yesterday's low at 110.38. A good chance of a low for the day again today but if we continue lower next support at 110.35/34.