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Our pivot point is at 22.01.
Our preference
Rebound towards 22.14.
Alternative scenario
The downside breakout of 22.01 would call for 21.96 and 21.93.
Comment
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 22.07 and 22.08).
Supports and resistances
22.20 **
22.17 *
22.14 **
22.12
22.06 last
22.02
22.01 **
21.96 *
21.93 **
Number of asterisks represents the strength of support and resistance levels.
