It might hold above 1.5351 or around 1.5347 for a rise towards above 1.5409. Stop loss below 1.5324 zone.

Technical Forecast

  • Elliott Wave

    elongated flat correction down

Key Points

  • Key Point1.5319
  • Entry Point1.5384
  • Trendline 11.5347
  • Trendline 21.5355
  • Elliott1.5444
  • Closing1.5355
  • Ex-Low1.5347
  • Ex-High1.5432
  • Projection1.5274

Supports and Resistance levels

  • Support 11.5324
  • Support 21.5293
  • Resistance 11.5409
  • Resistance 21.5463
  • Pivot1.5378

It may attempt a test higher to 1.5406 - 1.5445 after which weakness may set it to a drift down to below 1.5290 limit.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point1.5373
  • Entry Point1.5344
  • Trendline 11.5442
  • Trendline 21.5298
  • Elliott1.5587
  • Closing1.5369
  • Ex-Low1.5288
  • Ex-High1.5442
  • Projection1.5173

Supports and Resistance levels

  • Support 11.5290
  • Support 21.5212
  • Resistance 11.5445
  • Resistance 21.5521
  • Pivot1.5366

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Technical Forecast

  • Elliott Wave

Key Points

  • Key Point1.5361
  • Entry Point0.1754
  • Trendline 11.5587
  • Trendline 2-1.1909
  • Elliott4.3082
  • Closing1.5348
  • Ex-Low1.5085
  • Ex-High1.5587
  • Projection1.4918

Supports and Resistance levels

  • Support 11.5093
  • Support 21.4838
  • Resistance 11.5595
  • Resistance 21.5842
  • Pivot1.5340