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Our pivot point is at 21.52.
Our preference
As long as 21.52 is support look for 21.76.
Alternative scenario
The downside breakout of 21.52 would call for 21.43 and 21.38.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (21.60) but above its 50 period moving average (21.56).
Supports and resistances
21.86 **
21.81 *
21.76 **
21.70
21.59 last
21.55
21.52 **
21.43 *
21.38 **
Number of asterisks represents the strength of support and resistance levels.
