Our pivot point stands at 105.943.
Our preference
The downside prevails as long as 105.943 is resistance.
Alternative scenario
The upside breakout of 105.943, would call for 106.104 and 106.200.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 105.876 and 105.951).
Supports and resistances
106.200 **
106.104 *
105.943 **
105.880
105.816 last
105.624
105.528 **
105.432 *
105.336 **
Number of asterisks represents the strength of support and resistance levels.


