It should test 0.7445 area after which a sell off down to 0.7373 or extended to 0.7337 area is expected.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point0.7427
  • Entry Point0.7394
  • Trendline 10.7417
  • Trendline 20.7387
  • Elliott0.7361
  • Closing0.7408
  • Ex-Low0.7361
  • Ex-High0.7420
  • Projection0.7437

Supports and Resistance levels

  • Support 10.7373
  • Support 20.7337
  • Resistance 10.7432
  • Resistance 20.7455
  • Pivot0.7396

Market should hold major support at 0.7332 before rising towards 0.7480 or even 0.7529 limit.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point0.7485
  • Entry Point0.7398
  • Trendline 10.7381
  • Trendline 20.7381
  • Elliott0.7311
  • Closing0.7431
  • Ex-Low0.7311
  • Ex-High0.7444
  • Projection0.7537

Supports and Resistance levels

  • Support 10.7347
  • Support 20.7262
  • Resistance 10.7480
  • Resistance 20.7529
  • Pivot0.7395

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Technical Forecast

  • Elliott Wave

    common flat resistance in downtrend

Key Points

  • Key Point-39.8988
  • Entry Point-39.8851
  • Trendline 10.7676
  • Trendline 2-80.5103
  • Elliott82.0456
  • Closing0.7406
  • Ex-Low0.7325
  • Ex-High0.7676
  • Projection-49.4904

Supports and Resistance levels

  • Support 10.7261
  • Support 20.7117
  • Resistance 10.7613
  • Resistance 20.7821
  • Pivot0.7469