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105.86 is our pivot point.
Our preference
The upside prevails as long as 105.86 is support.
Alternative scenario
Below 105.86, expect 105.45 and 105.21.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 106.16 and 106.09).
Supports and resistances
107.45 **
107.21 *
106.96 **
106.72
106.20 last
106.02
105.86 **
105.45 *
105.21 **
Number of asterisks represents the strength of support and resistance levels.
