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Our pivot point stands at 92.82.
Our preference
The upside prevails as long as 92.82 is support.
Alternative scenario
The downside breakout of 92.82 would call for 91.40 and 90.56.
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 93.24 and 92.90).
Supports and resistances
98.33 **
97.48 *
96.63 **
95.78
94.06 last
93.38
92.82 **
91.40 *
90.56 **
Number of asterisks represents the strength of support and resistance levels.
