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Our pivot point is at 10.5370.
Our preference
The downside prevails as long as 10.5370 is resistance.
Alternative scenario
The upside breakout of 10.5370, would call for 10.5800 and 10.6050.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10.5087 and 10.5122).
Supports and resistances
10.6050 **
10.5800 *
10.5370 **
10.5210
10.4908 last
10.4390
10.4140 **
10.3890 *
10.3640 **
Number of asterisks represents the strength of support and resistance levels.
