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Our pivot point stands at 100.94.
Our preference
Rebound towards 102.22.
Alternative scenario
The downside breakout of 100.94 would call for 100.47 and 100.20.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 101.48 and 102.08).
Supports and resistances
102.78 **
102.50 *
102.22 **
101.95
101.33 last
101.12
100.94 **
100.47 *
100.20 **
Number of asterisks represents the strength of support and resistance levels.
