It looks set to visit further lower territory down to around 87.675247 - 87.329147. Its corrective attempts should fail ahead of 88.276764 - 88.532181. Stop loss above 89.224373 zone.

Technical Forecast

  • Elliott Wave

    null

Key Points

  • Key Point87.89
  • Entry Point88.22
  • Trendline 188.58
  • Trendline 288.53
  • Elliott89.64
  • Closing87.84
  • Ex-Low87.51
  • Ex-High88.71
  • Projection86.85

Supports and Resistance levels

  • Support 187.33
  • Support 286.82
  • Resistance 188.53
  • Resistance 289.22
  • Pivot88.02

Market should not go lower than 87.675247 - 87.028023. After this move down it should go up to 88.728470 - 89.134460 area.

Technical Forecast

  • Elliott Wave

    irregular flat correction down

Key Points

  • Key Point87.65
  • Entry Point88.58
  • Trendline 189.62
  • Trendline 289.43
  • Elliott89.81
  • Closing87.84
  • Ex-Low87.51
  • Ex-High89.62
  • Projection86.54

Supports and Resistance levels

  • Support 187.03
  • Support 286.22
  • Resistance 189.13
  • Resistance 290.43
  • Pivot88.32

While below 89.471931 - 90.033409 it might drop to 87.044571 or 85.921616.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point87.05
  • Entry Point88.95
  • Trendline 1109.31
  • Trendline 2110.09
  • Elliott91.64
  • Closing88.17
  • Ex-Low87.79
  • Ex-High90.78
  • Projection57.06

Supports and Resistance levels

  • Support 187.04
  • Support 285.92
  • Resistance 190.03
  • Resistance 291.90
  • Pivot88.91