Our pivot point is at 18.6981.
Our preference
The upside prevails as long as 18.6981 is support.
Alternative scenario
The downside breakout of 18.6981 would call for 18.5526 and 18.4659.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 18.7975 and 18.7600).
Supports and resistances
19.2769 **
19.1901 *
19.1033 **
19.0166
18.8140 last
18.7553
18.6981 **
18.5526 *
18.4659 **
Number of asterisks represents the strength of support and resistance levels.


