| Our pivot point is at 126.19.|
Our preference: rebound towards 127.29.
Alternative scenario: below 126.19, expect 125.78 and 125.53.
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 126.56 and 126.61).