| Our pivot point is at 124.82.
Our preference: rebound towards 125.90.
Alternative scenario: the downside breakout of 124.82 would call for 124.41 and 124.17.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 125.17 and 125.29).