Market should pop up towards 0.9313 or 0.9341 this bullish scenario would be damaged if 0.9251 - 0.9216 zone is broken, a severe break down could then occur.

Technical Forecast

  • Elliott Wave

    irregular flat correction down 0.9199

  • Trend Warning

    Warning: Engulfing pattern

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point0.9252
  • Entry Point0.9303
  • Trendline 10.9300
  • Trendline 20.9300
  • Elliott0.9354
  • Closing0.9272
  • Ex-Low0.9229
  • Ex-High0.9354
  • Projection0.9229

Supports and Resistance levels

  • Support 10.9216
  • Support 20.9160
  • Resistance 10.9341
  • Resistance 20.9410

If market stays below 0.9202 a fall to 0.9056 is expected. If market breaks the point 0.9295 it could reach the sky.

Technical Forecast

  • Elliott Wave

    irregular flat correction up 0.9363

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point0.9413
  • Entry Point0.9123
  • Trendline 10.8924
  • Trendline 20.8956
  • Elliott0.8893
  • Closing0.9188
  • Ex-Low0.8924
  • Ex-High0.9217
  • Projection0.9444

Supports and Resistance levels

  • Support 10.9003
  • Support 20.8817
  • Resistance 10.9295
  • Resistance 20.9402

Prefer a fall to 0.8874 or 0.8755. Then a correction to 0.9067 is anticipated. A clear break of 0.8609 is again bearish.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point0.9000
  • Entry Point0.8924
  • Trendline 10.8949
  • Trendline 20.8954
  • Elliott0.8848
  • Closing0.8900
  • Ex-Low0.8848
  • Ex-High0.9233
  • Projection0.9511

Supports and Resistance levels

  • Support 10.8755
  • Support 20.8609
  • Resistance 10.9140
  • Resistance 20.9379