62800 is our pivot point.
Our preference
As long as 62800 is support look for 65280.
Alternative scenario
The downside breakout of 62800 would call for 61870 and 61320.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63450 and 63111).
Supports and resistances
66380 **
65830 *
65280 **
64730
63551 last
63160
62800 **
61870 *
61320 **
Number of asterisks represents the strength of support and resistance levels.


