Current upmove should be ended around 0.6998 - 0.7012. Any correction consolidation should find support in 0.6974 - 0.6964 zone.

Technical Forecast

  • Elliott Wave

    extended impulse wave up

Key Points

  • Key Point0.7006
  • Entry Point0.6985
  • Trendline 10.6956
  • Trendline 20.6986
  • Elliott0.6899
  • Closing0.6992
  • Ex-Low0.6956
  • Ex-High0.7004
  • Projection0.7022

Supports and Resistance levels

  • Support 10.6964
  • Support 20.6936
  • Resistance 10.7012
  • Resistance 20.7032
  • Pivot0.6984

Current rise seems to be over near 0.6941 or 0.6955 for a retracement towards 0.6927 - 0.6918 area.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point0.6957
  • Entry Point0.6929
  • Trendline 10.6891
  • Trendline 20.6933
  • Elliott0.6865
  • Closing0.6938
  • Ex-Low0.6899
  • Ex-High0.6944
  • Projection0.6995

Supports and Resistance levels

  • Support 10.6910
  • Support 20.6882
  • Resistance 10.6955
  • Resistance 20.6972
  • Pivot0.6927

Current fall is near an end of wave around 0.6848 zone, a rally should then procede to above 0.7044. Fall below 0.6758 would cancel this scenario.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point0.6912
  • Entry Point0.6933
  • Trendline 10.7061
  • Trendline 20.6917
  • Elliott0.7206
  • Closing0.6938
  • Ex-Low0.6865
  • Ex-High0.7061
  • Projection0.6715

Supports and Resistance levels

  • Support 10.6848
  • Support 20.6758
  • Resistance 10.7044
  • Resistance 20.7151
  • Pivot0.6954