There is bearish potential for a fall to 1.4973 - 1.4936 while 1.5010 - 1.5030 resist. After this fall a recovery up to 1.5030 or 1.5049 is expected.

Technical Forecast

  • Elliott Wave

    extension wave down

Key Points

  • Key Point1.4922
  • Entry Point1.5003
  • Trendline 11.5037
  • Trendline 21.5037
  • Elliott1.5085
  • Closing1.4975
  • Ex-Low1.4971
  • Ex-High1.5085
  • Projection1.4922

Supports and Resistance levels

  • Support 11.4936
  • Support 21.4897
  • Resistance 11.5049
  • Resistance 21.5124
  • Pivot1.5010

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