Our pivot point stands at 87.43.
Our preference
The upside prevails as long as 87.43 is support.
Alternative scenario
Below 87.43, expect 84.01 and 81.98.
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 is trading above both its 20 and 50 period moving average (respectively at 89.50 and 90.06).
Supports and resistances
101.15 **
99.10 *
97.05 **
95.00
90.37 last
88.77
87.43 **
84.01 *
81.98 **
Number of asterisks represents the strength of support and resistance levels.


