Our pivot point is at 1.2854.

Our preference: rebound towards 1.2967

Alternative scenario: below 1.2854, expect 1.2811 and 1.2786.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.2890 and 1.2893).

Supports and resistances:

1.3017 **

1.2992 *

1.2967 **

1.2942

1.2888 last

1.2870

1.2854 **