Our pivot point stands at 88.71.
Our preference
Rebound towards 89.80.
Alternative scenario
Below 88.71, expect 88.29 and 88.05.
Comment
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 89.08 and 89.18).
Supports and resistances
90.30 **
90.05 *
89.80 **
89.56
89.06 last
88.87
88.71 **
88.29 *
88.05 **
Number of asterisks represents the strength of support and resistance levels.


