Our pivot point is at 33.83.
Our preference
Rebound towards 36.64.
Alternative scenario
Below 33.83, expect 32.75 and 32.10.
Comment
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (34.59) but under its 50 period moving average (35.45).
Supports and resistances
37.94 **
37.29 *
36.64 **
36.00
34.69 last
34.26
33.83 **
32.75 *
32.10 **
Number of asterisks represents the strength of support and resistance levels.


