Should fall around 0.7340 while below 0.7360 - 0.7377 zone. Then a recovery up to above 0.7377 is expected.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point0.7381
  • Entry Point0.7379
  • Trendline 10.7347
  • Trendline 20.7408
  • Elliott0.7285
  • Closing0.7360
  • Ex-Low0.7347
  • Ex-High0.7393
  • Projection0.7381

Supports and Resistance levels

  • Support 10.7340
  • Support 20.7320
  • Resistance 10.7387
  • Resistance 20.7413
  • Pivot0.7367

Corrective dips should ideally halt near 0.7256 or 0.7226 for one more thrust upwards towards 0.7328 - 0.7371 area or 0.7430 in extention. Fall below 0.7140 puts it back on a downward path.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point0.7351
  • Entry Point0.7275
  • Trendline 10.7268
  • Trendline 20.7268
  • Elliott0.7200
  • Closing0.7311
  • Ex-Low0.7200
  • Ex-High0.7344
  • Projection0.7423

Supports and Resistance levels

  • Support 10.7226
  • Support 20.7140
  • Resistance 10.7371
  • Resistance 20.7430
  • Pivot0.7285

Currently uptrend should end around 0.7328 - 0.7413 area. A correction down to below 0.7142 is expected. A rise above 0.7514 will abort the expected correction.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point0.7413
  • Entry Point0.7228
  • Trendline 10.7074
  • Trendline 20.7128
  • Elliott0.7021
  • Closing0.7311
  • Ex-Low0.7074
  • Ex-High0.7344
  • Projection31.7753

Supports and Resistance levels

  • Support 10.7142
  • Support 20.6973
  • Resistance 10.7413
  • Resistance 20.7514
  • Pivot0.7243