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Our pivot point is at 10.34.
Our preference
Rebound towards 10.97.
Alternative scenario
The downside breakout of 10.34 would call for 10.10 and 9.97.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10.56 and 10.69).
Supports and resistances
11.25 **
11.11 *
10.97 **
10.83
10.55 last
10.43
10.34 **
10.10 *
9.97 **
Number of asterisks represents the strength of support and resistance levels.
