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Our pivot point is at 107.52.
Our preference
Technical rebound towards 107.52 before a new drop.
Alternative scenario
Above 107.52, look for 108.17 and 108.55.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (106.91) but below its 50 period moving average (106.98).
Supports and resistances
108.55 **
108.17 *
107.52 **
107.27
106.96 last
106.06
105.67 **
105.29 *
104.91 **
Number of asterisks represents the strength of support and resistance levels.
