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Our pivot point is at 10.5090.
Our preference
As long as 10.5090 is support look for 10.6060.
Alternative scenario
The downside breakout of 10.5090 would call for 10.4730 and 10.4510.
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 (10.5405) but above its 50 period moving average (10.5283).
Supports and resistances
10.6490 **
10.6270 *
10.6060 **
10.5840
10.5380 last
10.5230
10.5090 **
10.4730 *
10.4510 **
Number of asterisks represents the strength of support and resistance levels.
