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Our pivot point is at 104.675.
Our preference
The upside prevails as long as 104.675 is support.
Alternative scenario
Below 104.675, expect 103.044 and 102.074.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 105.198 and 104.847).
Supports and resistances
111.153 **
110.180 *
109.206 **
108.232
106.192 last
105.316
104.675 **
103.044 *
102.074 **
Number of asterisks represents the strength of support and resistance levels.
