70.8 is our pivot point.
Our preference
As long as 170.8 is support look for 176.3.
Alternative scenario
The downside breakout of 170.8 would call for 168.8 and 167.7.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 171.7 and 169.7).
Supports and resistances
178.6 **
177.5 *
176.3 **
175.1
172.7 last
171.6
170.8 **
168.8 *
167.7 **