Our pivot point stands at 10.5000.
Our preference
The upside prevails as long as 10.5000 is support.
Alternative scenario
The downside breakout of 10.5000 would call for 10.4640 and 10.4430.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10.5211 and 10.5237).
Supports and resistances
10.6430 **
10.6210 *
10.6000 **
10.5780
10.5321 last
10.5140
10.5000 **
10.4640 *
10.4430 **
Number of asterisks represents the strength of support and resistance levels.


