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Our pivot point is at 18.58.
Our preference
The downside prevails as long as 18.58 is resistance.
Alternative scenario
Above 18.58, look for 19.11 and 19.42.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 18.23 and 18.42).
Supports and resistances
19.42 **
19.11 *
18.58 **
18.38
18.10 last
17.44
17.13 **
16.82 *
16.51 **
Number of asterisks represents the strength of support and resistance levels.
