Our pivot point stands at 18.7843.
Our preference
Target 18.3278.
Alternative scenario
Above 18.7843, look for 18.9540 and 19.0550.
Comment
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 period moving average (18.6574) but above its 50 period moving average (18.5953).
Supports and resistances
19.0550 **
18.9540 *
18.7843 **
18.7177
18.6350 last
18.4287
18.3278 **
18.2269 *
18.1260 **
Number of asterisks represents the strength of support and resistance levels.