Our pivot point is at 14.10.
Our preference
The downside prevails as long as 14.10 is resistance.
Alternative scenario
The upside breakout of 14.10, would call for 14.43 and 14.63.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 13.95 and 14.04).
Supports and resistances
14.63 **
14.43 *
14.10 **
13.97
13.81 last
13.38
13.18 **
12.99 *
12.79 **
Number of asterisks represents the strength of support and resistance levels.


