It is likely to fall towards 1.4771 - 1.4712 unless a corrective rally breaks the 1.4863 resistance. Stop above 1.4893 zone.

Technical Forecast

  • Elliott Wave

    flat correction down 1.4738

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point1.4826
  • Entry Point1.4852
  • Trendline 11.4891
  • Trendline 21.4865
  • Elliott1.4958
  • Closing1.4830
  • Ex-Low1.4775
  • Ex-High1.4897
  • Projection1.4721

Supports and Resistance levels

  • Support 11.4771
  • Support 21.4712
  • Resistance 11.4893
  • Resistance 21.4956

While below 1.4830 or 1.4844 it could fall towards below 1.4731 or 1.4632. After which a corrective/consolidation activity is expected to 1.4894 zone.

Technical Forecast

  • Elliott Wave

    common flat correction up 1.4948

  • Trend Warning

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point1.4832
  • Entry Point1.4812
  • Trendline 11.4768
  • Trendline 21.4808
  • Elliott1.4556
  • Closing1.4830
  • Ex-Low1.4745
  • Ex-High1.4958
  • Projection1.4948

Supports and Resistance levels

  • Support 11.4731
  • Support 21.4632
  • Resistance 11.4943
  • Resistance 21.5057

It should try higher up to 1.4861. Entry point 1.4759 or 1.4693. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: End of trend

  • Pivot Points

    No Pivot Points have been reached.

Key Points

  • Key Point1.4886
  • Entry Point1.4721
  • Trendline 11.4812
  • Trendline 21.4499
  • Elliott1.4556
  • Closing1.4830
  • Ex-Low1.4556
  • Ex-High1.4892
  • Projection1.5245

Supports and Resistance levels

  • Support 11.4627
  • Support 21.4423
  • Resistance 11.4963
  • Resistance 21.5095