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Can the bulls break 10715 | 10762 above | 10650 10607 support

Technical analysis for 20th February 2026

The bears drove it down yesterday as the dip and rise played out, albeit slightly below the support to test the 10600 round number. That is now the line in the sand that the bulls need to defend and as it's Friday we may well see a rise and dip play out today instead, as they try and build on the bounce form 10600. The initial support is at the 10650 level where we have the daily pivot and the green 30m coral so look for a long here, for a potential climb towards the 10720 area to test the key fib and R1.

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