R4 118.83 * 8 Jan high
R3 118.38 * 13 Jan high
R2 118.11 * 19 Jan high
R1 117.69 20 Jan high
S1 116.51 15 Jan low
S2 115.98 20 Jan low
S3 115.86 * Jan 2015 yr low
S4 115.57 * Dec 2014 low
S5 115.31 13 Nov 14 low
Staging recovery from the 115.98 low though the upside still limited and only rally to clear the 118.00/38 resistance will fade the downside pressure. Below the 116.00 level will expose important support at the 115.86/57 lows, below which will trigger a 13-mth top pattern and see deeper decline.
