| Our pivot point stands at 125.56.|
Our preference: under pressure below 125.56.
Alternative scenario: above 125.56, look for 125.97 and 126.21.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 125.29 and 125.26).