Alternative scenario: below 45860, expect 44470 and 43640.
Our pivot point is at 45860.
Our preference: as long as 45860 is support look for 49450.
Alternative scenario: below 45860, expect 44470 and 43640.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 46956 and 45795).
Supports and resistances:
51110 **
50280 *
49450 **
48620
46959 last
46410
45860 **
44470 *
43640 **
Our pivot point is at 45860.
Our preference: as long as 45860 is support look for 49450.
Alternative scenario: below 45860, expect 44470 and 43640.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 46956 and 45795).
Supports and resistances:
51110 **
50280 *
49450 **
48620
46959 last
46410
45860 **
44470 *
43640 **
