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Our pivot point stands at 11.0040.
Our preference
The upside prevails as long as 11.0040 is support.
Alternative scenario
The downside breakout of 11.0040 would call for 10.9540 and 10.9240.
Comment
The RSI is above 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 11.0455 and 11.0332).
Supports and resistances
11.2160 **
11.1860 *
11.1560 **
11.1260
11.0602 last
11.0240
11.0040 **
10.9540 *
10.9240 **
Number of asterisks represents the strength of support and resistance levels.
