While below 1.6363 - 1.6392 it might drop to 1.6217 or 1.6158.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point1.6192
  • Entry Point1.6320
  • Trendline 11.6366
  • Trendline 21.6366
  • Elliott1.6449
  • Closing1.6277
  • Ex-Low1.6274
  • Ex-High1.6449
  • Projection1.6220

Supports and Resistance levels

  • Support 11.6217
  • Support 21.6158
  • Resistance 11.6392
  • Resistance 21.6508
  • Pivot1.6333

While below 1.6181 - 1.6275 it is more likely to fall further towards 1.5998 or 1.5910. Premature rise above 1.6275 could see it rising above 1.6451 zone.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point1.6170
  • Entry Point1.6087
  • Trendline 11.5898
  • Trendline 21.6110
  • Elliott1.5685
  • Closing1.6099
  • Ex-Low1.5898
  • Ex-High1.6262
  • Projection1.6392

Supports and Resistance levels

  • Support 11.5910
  • Support 21.5722
  • Resistance 11.6275
  • Resistance 21.6451
  • Pivot1.6086