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107.78 is our pivot point.
Our preference
As long as 107.78 is support look for 109.23.
Alternative scenario
Below 107.78, expect 107.25 and 106.94.
Comment
The RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108.24 and 108.18).
Supports and resistances
109.86 **
109.55 *
109.23 **
108.92
108.27 last
107.99
107.78 **
107.25 *
106.94 **
Number of asterisks represents the strength of support and resistance levels.
