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Our pivot point is at 105.04.
Our preference
The upside prevails as long as 105.04 is support.
Alternative scenario
Below 105.04, expect 101.38 and 99.20.
Comment
The RSI is above 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 106.57 and 107.57).
Supports and resistances
119.46 **
117.27 *
115.08 **
112.89
107.97 last
106.47
105.04 **
101.38 *
99.20 **
Number of asterisks represents the strength of support and resistance levels.
