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Our pivot point stands at 88.92.
Our preference
Our next up target stands at 90.30.
Alternative scenario
The downside breakout of 88.92 would call for 88.41 and 88.10.
Comment
The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 89.30 and 89.36).
Supports and resistances
90.91 **
90.61 *
90.30 **
89.99
89.38 last
89.12
88.92 **
88.41 *
88.10 **
Number of asterisks represents the strength of support and resistance levels.
