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Our pivot point is at 90.43.
Our preference
Rebound towards 91.81.
Alternative scenario
The downside breakout of 90.43 would call for 89.94 and 89.65.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 90.84 and 91.03).
Supports and resistances
92.40 **
92.10 *
91.81 **
91.51
90.83 last
90.63
90.43 **
89.94 *
89.65 **
Number of asterisks represents the strength of support and resistance levels.
