Date : 29 July 2020
Pivot point : 10792
Our preference : our next up target stands at 11310.
Alternative scenario : the downside breakout of 10792 would call for 10609 and 10500.
Comment : the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the pair is above its 20 and 50 MAs (respectively at 10958 and 10955).
Supports and resistances :
10981 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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