Our pivot point stands at 63460.
Our preference
Rebound.
Alternative scenario
The downside breakout of 63460 would call for 62510 and 61950.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (63818) but below its 50 period moving average (64207).
Supports and resistances
67150 **
66590 *
66030 **
65460
64200 last
63830
63460 **
62510 *
61950 **
Number of asterisks represents the strength of support and resistance levels.


