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Our pivot point is at 10.7460.
Our preference
The upside prevails as long as 10.7460 is support.
Alternative scenario
The downside breakout of 10.7460 would call for 10.6970 and 10.6670.
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 10.7707 and 10.7714).
Supports and resistances
10.9330 **
10.9040 *
10.8750 **
10.8450
10.7859 last
10.7650
10.7460 **
10.6970 *
10.6670 **
Number of asterisks represents the strength of support and resistance levels.
