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110.64 is our pivot point.
Our preference
Rebound towards 111.93.
Alternative scenario
Below 110.64, expect 110.15 and 109.86.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (111.05) but below its 50 period moving average (111.23).
Supports and resistances
112.51 **
112.22 *
111.93 **
111.64
111.05 last
110.83
110.64 **
110.15 *
109.86 **
Number of asterisks represents the strength of support and resistance levels.
