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Closing above the cloud yesterday for the first time this month. Support expected in the region of the 100 and 50 day SMAs ranging from 98.50-60, while short term resistance may be offered at the weekly high of 98.83 before the 99 figure comes into play. Bears might expect that if price action drops below the 98.50 level, a test of this week's low of 98.16 could take place.