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Our pivot point is at 105.817.
Our preference
The upside prevails as long as 105.817 is support.
Alternative scenario
Below 105.817, expect 104.585 and 103.852.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 106.066 and 105.772).
Supports and resistances
110.627 **
109.893 *
109.158 **
108.424
106.883 last
106.301
105.817 **
104.585 *
103.852 **
Number of asterisks represents the strength of support and resistance levels.
