Yesterday's selloff below support at 97.94 (now resistance) confirms our view that recent rise has ended at 99.80 last week and downside bias remains for decline to extend towards 96.60/70, however, oversold condition should prevent sharp fall below 96.20/30 and chart support at 95.63 should continue to hold and yield rebound later.  
  
On the upside, recovery should be limited to 97.94 and only above 98.32 resistance (also a previous minor support) would defer bearishness and risk stronger rebound to 98.70/80 before down...