Our pivot point is at 97.60.

Our preference

Rebound towards 98.34.

Alternative scenario

Below 97.60, expect 97.36 and 97.22.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (97.78) but below its 50 period moving average (97.86).

Supports and resistances

98.63 **

98.49 *

98.34 **

98.20

97.80 last

97.69

97.60 **

97.36 *

97.22 **

Number of asterisks represents the strength of support and resistance levels.
Chart PatternsTrend AnalysisWave Analysis

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