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Our pivot point is at 106.54.
Our preference
The upside prevails as long as 106.54 is support.
Alternative scenario
The downside breakout of 106.54 would call for 106.19 and 105.98.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 106.59 and 106.30).
Supports and resistances
107.96 **
107.75 *
107.54 **
107.33
106.83 last
106.68
106.54 **
106.19 *
105.98 **
Number of asterisks represents the strength of support and resistance levels.
