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10.6960 is our pivot point.
Our preference
The upside prevails as long as 10.6960 is support.
Alternative scenario
The downside breakout of 10.6960 would call for 10.3890 and 10.2070.
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 price is above its 20 and 50 period moving average (respectively at 10.7129 and 10.6437).
Supports and resistances
11.8710 **
11.6880 *
11.5050 **
11.3220
10.9420 last
10.8170
10.6960 **
10.3890 *
10.2070 **
Number of asterisks represents the strength of support and resistance levels.
