Support at 1.5891 or 1.5847 should hold the downside for a correction to above 1.5984 zone.

Technical Forecast

  • Elliott Wave

    extension wave down

Key Points

  • Key Point1.5818
  • Entry Point1.5888
  • Trendline 11.6024
  • Trendline 21.5893
  • Elliott1.6155
  • Closing1.5896
  • Ex-Low1.5887
  • Ex-High1.6024
  • Projection1.5856

Supports and Resistance levels

  • Support 11.5847
  • Support 21.5798
  • Resistance 11.5984
  • Resistance 21.6072
  • Pivot1.5935

It might hold above 1.5891 or 1.5803 for a rise towards above 1.6071. Stop loss below 1.5711 zone.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point1.5519
  • Entry Point1.5663
  • Trendline 11.6155
  • Trendline 21.5460
  • Elliott1.6850
  • Closing1.5896
  • Ex-Low1.5887
  • Ex-High1.6155
  • Projection1.5347

Supports and Resistance levels

  • Support 11.5803
  • Support 21.5711
  • Resistance 11.6071
  • Resistance 21.6247
  • Pivot1.5979

It should trade higher to 1.6604 while 1.5976 or 1.5805 offers support. Stop loss below 1.5635 zone.

Technical Forecast

  • Elliott Wave

    support in a triangle up

Key Points

  • Key Point1.6695
  • Entry Point1.6021
  • Trendline 11.5782
  • Trendline 21.5782
  • Elliott1.5347
  • Closing1.6263
  • Ex-Low1.5347
  • Ex-High1.6316
  • Projection1.6983

Supports and Resistance levels

  • Support 11.5635
  • Support 21.5006
  • Resistance 11.6604
  • Resistance 21.6945
  • Pivot1.5976