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Our pivot point is at 90.566.
Our preference
The downside prevails as long as 90.566 is resistance.
Alternative scenario
Above 90.566, look for 91.696 and 92.369.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 89.724 and 89.894).
Supports and resistances
92.369 **
91.696 *
90.566 **
90.122
89.511 last
88.102
87.431 **
86.760 *
86.089 **
Number of asterisks represents the strength of support and resistance levels.
