Our pivot point stands at 21.83.
Our preference
Rebound towards 21.97.
Alternative scenario
The downside breakout of 21.83 would call for 21.79 and 21.76.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (21.87) but below its 50 period moving average (21.92).
Supports and resistances
22.03 **
22.00 *
21.97 **
21.95
21.88 last
21.85
21.83 **
21.79 *
21.76 **
Number of asterisks represents the strength of support and resistance levels.


