Our pivot point is at 60880.
Our preference
As long as 60880 is support look for 63330.
Alternative scenario
Below 60880, expect 59980 and 59450.
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 above its 20 and 50 period moving average (respectively at 61570 and 61088).
Supports and resistances
64390 **
63860 *
63330 **
62790
61720 last
61230
60880 **
59980 *
59450 **
Number of asterisks represents the strength of support and resistance levels.


