Our pivot point is at 61800.
Our preference
The upside prevails as long as 61800 is support.
Alternative scenario
Below 61800, expect 60900 and 60360.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 62003 and 61698).
Supports and resistances
65300 **
64760 *
64220 **
63680
62610 last
62150
61800 **
60900 *
60360 **
Number of asterisks represents the strength of support and resistance levels.


