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Our pivot point stands at 98.20.
Our preference
The upside prevails as long as 98.20 is support.
Alternative scenario
The downside breakout of 98.20 would call for 97.54 and 97.15.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 98.54 and 98.23).
Supports and resistances
100.68 **
100.29 *
99.90 **
99.51
98.72 last
98.46
98.20 **
97.54 *
97.15 **
Number of asterisks represents the strength of support and resistance levels.
