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Our pivot point is at 10.9620.
Our preference
The upside prevails as long as 10.9620 is support.
Alternative scenario
Below 10.9620, expect 10.9110 and 10.8820.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10.9649 and 10.9578).
Supports and resistances
11.1800 **
11.1500 *
11.1200 **
11.0900
11.0017 last
10.9810
10.9620 **
10.9110 *
10.8820 **
Number of asterisks represents the strength of support and resistance levels.
