Our pivot point is at 62090.
Our preference
As long as 62090 is support look for 64370.
Alternative scenario
The downside breakout of 62090 would call for 61240 and 60730.
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 below its 20 period moving average (62845) but above its 50 period moving average (62529).
Supports and resistances
65380 **
64870 *
64370 **
63860
62839 last
62420
62090 **
61240 *
60730 **
Number of asterisks represents the strength of support and resistance levels.


