Current rise seems to be over near 85.549286 or 85.838043 for a retracement towards 85.260521 - 85.107437 area.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point85.94
  • Entry Point85.18
  • Trendline 184.56
  • Trendline 285.16
  • Elliott83.88
  • Closing85.53
  • Ex-Low84.68
  • Ex-High85.57
  • Projection86.23

Supports and Resistance levels

  • Support 184.95
  • Support 284.38
  • Resistance 185.84
  • Resistance 286.14
  • Pivot85.26

Currently uptrend should end around 84.906769 - 84.697548 area. A correction down to below 83.959282 is expected. A rise above 84.961601 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point85.29
  • Entry Point84.91
  • Trendline 183.75
  • Trendline 285.33
  • Elliott82.17
  • Closing84.43
  • Ex-Low83.75
  • Ex-High84.49
  • Projection85.65

Supports and Resistance levels

  • Support 183.96
  • Support 283.49
  • Resistance 184.70
  • Resistance 284.96
  • Pivot84.22

It may attempt a test higher to 84.986938 - 85.925880 after which weakness may set it to a drift down to below 82.448364 limit.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point84.24
  • Entry Point84.58
  • Trendline 185.65
  • Trendline 284.19
  • Elliott87.10
  • Closing84.33
  • Ex-Low82.17
  • Ex-High85.65
  • Projection83.05

Supports and Resistance levels

  • Support 182.45
  • Support 280.57
  • Resistance 185.93
  • Resistance 287.53
  • Pivot84.05