I have no clue why they like 86.20 but they do. only reference point i have is 3 day rolling pivot low of 86.35 and daily pivot low of 86.46.
86.20 was the buy point in the afternoon yesterday, after the retracement down, and was supported during globex quite well also. It is also yesterday's globex VAL.
Yes it is, and I realllly wanted to short there (.14 for me actually) but volatility is too much for me during inventories