It should test 80.705521 area after which a sell off down to 80.071831 or extended to 79.743660 area is expected.

Technical Forecast

  • Elliott Wave

    zigzag or flat correction

Key Points

  • Key Point80.55
  • Entry Point80.26
  • Trendline 180.55
  • Trendline 279.83
  • Elliott79.97
  • Closing80.40
  • Ex-Low79.97
  • Ex-High80.52
  • Projection80.56

Supports and Resistance levels

  • Support 180.07
  • Support 279.74
  • Resistance 180.63
  • Resistance 280.85
  • Pivot80.30

Market should not go lower than 79.595169. After this move down it should go up to 80.854752 - 81.118172 area.

Technical Forecast

  • Elliott Wave

    extension wave down

Key Points

  • Key Point79.42
  • Entry Point80.26
  • Trendline 181.59
  • Trendline 280.55
  • Elliott82.62
  • Closing80.12
  • Ex-Low80.06
  • Ex-High81.59
  • Projection78.85

Supports and Resistance levels

  • Support 179.60
  • Support 279.07
  • Resistance 181.12
  • Resistance 282.11
  • Pivot80.59

Market should not go lower than 80.094246 - 79.003891. After this move down it should go up to 81.744659 - 82.304710 area.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point79.24
  • Entry Point81.13
  • Trendline 183.18
  • Trendline 282.37
  • Elliott85.24
  • Closing80.12
  • Ex-Low80.06
  • Ex-High83.37
  • Projection77.19

Supports and Resistance levels

  • Support 179.00
  • Support 277.88
  • Resistance 182.30
  • Resistance 284.49
  • Pivot81.18