27.01 is our pivot point.
Our preference
The downside prevails as long as 27.01 is resistance.
Alternative scenario
Above 27.01, look for 27.83 and 28.32.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 26.67 and 26.71).
Supports and resistances
28.32 **
27.83 *
27.01 **
26.68
26.36 last
25.38
24.89 **
24.40 *
23.91 **
Number of asterisks represents the strength of support and resistance levels.