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Our pivot point is at 10.5550.
Our preference
As long as 10.5550 is support look for 10.6630.
Alternative scenario
Below 10.5550, expect 10.5200 and 10.4990.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10.5845 and 10.5662).
Supports and resistances
10.7050 **
10.6840 *
10.6630 **
10.6420
10.5993 last
10.5690
10.5550 **
10.5200 *
10.4990 **
Number of asterisks represents the strength of support and resistance levels.
