Our pivot point stands at 65580.
Our preference
Our next up target stands at 68160.
Alternative scenario
Below 65580, expect 64600 and 64020.
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 call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 66150 and 66265).
Supports and resistances
69330 **
68750 *
68160 **
67580
66417 last
65960
65580 **
64600 *
64020 **
Number of asterisks represents the strength of support and resistance levels.


