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Our pivot point stands at 10.5790.
Our preference
The upside prevails as long as 10.5790 is support.
Alternative scenario
The downside breakout of 10.5790 would call for 10.5310 and 10.5020.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10.6104 and 10.5943).
Supports and resistances
10.7750 **
10.7470 *
10.7180 **
10.6890
10.6212 last
10.5980
10.5790 **
10.5310 *
10.5020 **
Number of asterisks represents the strength of support and resistance levels.
