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51.44 is our pivot point.
Our preference
The upside prevails as long as 51.44 is support.
Alternative scenario
Below 51.44, expect 51.25 and 51.13.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading under its 20 period moving average (51.59) but above its 50 period moving average (51.59).
Supports and resistances
52.18 **
52.06 *
51.95 **
51.83
51.59 last
51.52
51.44 **
51.25 *
51.13 **
Number of asterisks represents the strength of support and resistance levels.
