Current rise should end around 1.5126 or 1.5143. Objectives of this downmove are 1.5075 or 1.5041. A rise above 1.5177 is again bullish.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point1.5127
  • Entry Point1.5112
  • Trendline 11.5075
  • Trendline 21.5127
  • Elliott1.4996
  • Closing1.5109
  • Ex-Low1.5075
  • Ex-High1.5143
  • Projection1.5145

Supports and Resistance levels

  • Support 11.5075
  • Support 21.5041
  • Resistance 11.5143
  • Resistance 21.5177
  • Pivot1.5109

Currently uptrend should end around 1.5110 - 1.5148 area. A correction down to 1.5046 - 1.5020 is expected. A rise above 1.5201 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.5134
  • Entry Point1.5083
  • Trendline 11.4996
  • Trendline 21.5067
  • Elliott1.4925
  • Closing1.5096
  • Ex-Low1.4996
  • Ex-High1.5124
  • Projection1.5182

Supports and Resistance levels

  • Support 11.5020
  • Support 21.4944
  • Resistance 11.5148
  • Resistance 21.5201
  • Pivot1.5072

Current rise seems to be over near 1.5139 or 1.5211 for a retracement towards 1.5068 - 1.5011 area.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.5139
  • Entry Point1.5015
  • Trendline 11.4925
  • Trendline 21.4944
  • Elliott1.4906
  • Closing1.5096
  • Ex-Low1.4925
  • Ex-High1.5182
  • Projection1.5223

Supports and Resistance levels

  • Support 11.4954
  • Support 21.4811
  • Resistance 11.5211
  • Resistance 21.5325
  • Pivot1.5068