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94.41 is our pivot point.
Our preference
Rebound towards 107.53.
Alternative scenario
The downside breakout of 94.41 would call for 89.69 and 86.89.
Comment
The RSI is below 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 99.18 and 103.06).
Supports and resistances
113.20 **
110.36 *
107.53 **
104.70
98.58 last
96.26
94.41 **
89.69 *
86.89 **
Number of asterisks represents the strength of support and resistance levels.
