47.4 is our pivot point.
Our preference
The downside prevails as long as 47.4 is resistance.
Alternative scenario
Above 47.4, look for 48.8 and 49.7.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 47.1765 and 47.8112).
Supports and resistances
49.7 **
48.8 *
47.4 **
46.8
45.84 (USD-last)
44.1
43.3 **
42.4 *
41.6 **
Number of asterisks represents the strength of support and resistance levels.