While below 1.0448 or 1.0464 it could fall towards below 1.0409 or 1.0371. After which a corrective/consolidation activity is expected to 1.0483 zone.

Technical Forecast

  • Elliott Wave

    flat correction down 1.0379

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point1.0424
  • Entry Point1.0471
  • Trendline 11.0426
  • Trendline 21.0484
  • Elliott1.0519
  • Closing1.0448
  • Ex-Low1.0426
  • Ex-High1.0519
  • Projection1.0368

Supports and Resistance levels

  • Support 11.0409
  • Support 21.0371
  • Resistance 11.0503
  • Resistance 21.0557

No comments available

Technical Forecast

  • Elliott Wave

    flat correction up 1.0548

  • Trend Warning

    Warning: Harami

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point1.0479
  • Entry Point1.0457
  • Trendline 11.0436
  • Trendline 21.0470
  • Elliott1.0164
  • Closing1.0448
  • Ex-Low1.0368
  • Ex-High1.0559
  • Projection1.0613

Supports and Resistance levels

  • Support 11.0357
  • Support 21.0267
  • Resistance 11.0549
  • Resistance 21.0649

It looks more likely that it would rise to 1.0537 - 1.0744 from 1.0304 or 1.0200. After which a downside move is expected.

Technical Forecast

  • Elliott Wave

    common flat correction up 1.0625

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point1.0420
  • Entry Point1.0420
  • Trendline 11.0492
  • Trendline 21.0624
  • Elliott1.0164
  • Closing1.0331
  • Ex-Low1.0276
  • Ex-High1.0613
  • Projection1.0909

Supports and Resistance levels

  • Support 11.0200
  • Support 21.0070
  • Resistance 11.0537
  • Resistance 21.0744