Our pivot point is at 40.6.
Our preference
Short term rebound.
Alternative scenario
Below 40.6, expect 39.1 and 38.3.
Comment
The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the share stands above its 20 day moving average (41.553) but below its 50 day moving average (43.528).
Supports and resistances
47.5 **
46.6 *
45.7 **
44.8
42.5 (USD-last)
41.1
40.6 **
39.1 *
38.3 **
Number of asterisks represents the strength of support and resistance levels.