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Our pivot point is at 105.46.
Our preference
The downside prevails as long as 105.46 is resistance.
Alternative scenario
Above 105.46, look for 105.85 and 106.08.
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 105.26 and 105.35).
Supports and resistances
106.08 **
105.85 *
105.46 **
105.31
105.14 last
104.64
104.41 **
104.18 *
103.95 **
Number of asterisks represents the strength of support and resistance levels.
