Our pivot point is at 174.33.

Our preference: the downside prevails as long as 174.33 is resistance

Alternative scenario: above 174.33, look for 175.00 and 175.39.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 174.01 and 174.24).

Supports and resistances:

175.39 **

175.00 *

174.33 **

174.07

173.75 last

172.91

172.51 **