Date : 31 July 2020
Pivot point : 10869
Our preference : look for a drop towards 10869 before a bounce.
Alternative scenario : below 10869, expect 10684 and 10574.
Comment : the RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI would call for further downside. Moreover, the pair is trading under its 20 MA (11083) but above its 50 MA (11031).
Supports and resistances :
11057 – 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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