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Our pivot point is at 83.41.
Our preference
As long as 83.41 is support look for 84.53.
Alternative scenario
Below 83.41, expect 83.05 and 82.83.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (83.80) but above its 50 period moving average (83.58).
Supports and resistances
84.97 **
84.75 *
84.53 **
84.31
83.80 last
83.56
83.41 **
83.05 *
82.83 **
Number of asterisks represents the strength of support and resistance levels.
