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114.24 is our pivot point.
Our preference
As long as 114.24 is support look for 115.42.
Alternative scenario
The downside breakout of 114.24 would call for 113.83 and 113.59.
Comment
The RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 114.60 and 114.50).
Supports and resistances
115.90 **
115.66 *
115.42 **
115.18
114.60 last
114.39
114.24 **
113.83 *
113.59 **
Number of asterisks represents the strength of support and resistance levels.
