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Our pivot point stands at 10.3430.
Our preference
As long as 10.3430 is support look for 10.4990.
Alternative scenario
Below 10.3430, expect 10.2850 and 10.2510.
Comment
The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (10.3938) but above its 50 period moving average (10.3768).
Supports and resistances
10.5670 **
10.5330 *
10.4990 **
10.4640
10.3913 last
10.3660
10.3430 **
10.2850 *
10.2510 **
Number of asterisks represents the strength of support and resistance levels.
