62390 is our pivot point.
Our preference
As long as 62390 is support look for 65470.
Alternative scenario
Below 62390, expect 61210 and 60520.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (63381) but above its 50 period moving average (62910).
Supports and resistances
66870 **
66170 *
65470 **
64770
63310 last
62850
62390 **
61210 *
60520 **
Number of asterisks represents the strength of support and resistance levels.


