Current upmove should be ended around 109.403000 - 109.630226. Any correction consolidation should find support in 109.020546 - 108.865311 zone.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point109.54
  • Entry Point109.12
  • Trendline 1108.69
  • Trendline 2109.06
  • Elliott108.14
  • Closing109.32
  • Ex-Low108.72
  • Ex-High109.49
  • Projection110.26

Supports and Resistance levels

  • Support 1108.87
  • Support 2108.41
  • Resistance 1109.63
  • Resistance 2109.94
  • Pivot109.18

Market should not go lower than 108.582901 - 107.584946. After this move down it should go up to 110.095612 - 110.610382 area.

Technical Forecast

  • Elliott Wave

    resistance in an elongated correction

Key Points

  • Key Point107.16
  • Entry Point109.64
  • Trendline 1110.80
  • Trendline 2110.67
  • Elliott115.51
  • Closing108.61
  • Ex-Low108.55
  • Ex-High111.58
  • Projection106.98

Supports and Resistance levels

  • Support 1107.58
  • Support 2106.56
  • Resistance 1110.61
  • Resistance 2112.61
  • Pivot109.58

While below 113.449821 - 114.561417 it might drop to 109.171074 or 106.947884.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point110.79
  • Entry Point112.99
  • Trendline 1113.04
  • Trendline 2113.04
  • Elliott118.66
  • Closing111.39
  • Ex-Low110.12
  • Ex-High115.51
  • Projection107.87

Supports and Resistance levels

  • Support 1109.17
  • Support 2106.95
  • Resistance 1114.56
  • Resistance 2117.73
  • Pivot112.34