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Our pivot point is at 10.4220.
Our preference
Our next up target stands at 10.5450.
Alternative scenario
The downside breakout of 10.4220 would call for 10.3780 and 10.3520.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 10.4555 and 10.4589).
Supports and resistances
10.5970 **
10.5710 *
10.5450 **
10.5180
10.4626 last
10.4400
10.4220 **
10.3780 *
10.3520 **
Number of asterisks represents the strength of support and resistance levels.
