Our pivot point stands at 11.0090.
Our preference
The downside prevails as long as 11.0090 is resistance.
Alternative scenario
Above 11.0090, look for 11.0590 and 11.0890.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10.9950 and 10.9979).
Supports and resistances
11.0890 **
11.0590 *
11.0090 **
10.9890
10.9635 last
10.8990
10.8690 **
10.8390 *
10.8090 **
Number of asterisks represents the strength of support and resistance levels.


