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Our pivot point is at 94.43.
Our preference
As long as 94.43 is support look for 95.01.
Alternative scenario
The downside breakout of 94.43 would call for 94.25 and 94.14.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 94.57 and 94.41).
Supports and resistances
95.23 **
95.12 *
95.01 **
94.90
94.61 last
94.50
94.43 **
94.25 *
94.14 **
Number of asterisks represents the strength of support and resistance levels.
