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Our pivot point is at 10.4870.
Our preference
As long as 10.4870 is support look for 10.6060.
Alternative scenario
The downside breakout of 10.4870 would call for 10.4440 and 10.4180.
Comment
The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 10.5173 and 10.4897).
Supports and resistances
10.6570 **
10.6310 *
10.6060 **
10.5800
10.5244 last
10.5040
10.4870 **
10.4440 *
10.4180 **
Number of asterisks represents the strength of support and resistance levels.
