Current rise seems to be over near 1.8542 or 1.8620 for a retracement towards 1.8465 - 1.8416 area.

Technical Forecast

  • Elliott Wave

    irregular flat correction up 1.8638

  • Trend Warning

    Warning: Imminent end of bullish move

Key Points

  • Key Point1.8611
  • Entry Point1.8480
  • Trendline 11.8309
  • Trendline 21.8425
  • Elliott1.8193
  • Closing1.8523
  • Ex-Low1.8309
  • Ex-High1.8562
  • Projection1.8775

Supports and Resistance levels

  • Support 11.8367
  • Support 21.8212
  • Resistance 11.8620
  • Resistance 21.8718
  • Pivot1.8465

Prefer a fall to 1.8331 or 1.8245. Then a correction to 1.8465 is anticipated. A clear break of 1.8147 is again bearish.

Technical Forecast

  • Elliott Wave

    elongated flat correction down 1.8264

  • Trend Warning

    Warning: Harami

Key Points

  • Key Point1.8228
  • Entry Point1.8298
  • Trendline 11.8405
  • Trendline 21.8400
  • Elliott1.9503
  • Closing1.8344
  • Ex-Low1.8317
  • Ex-High1.8586
  • Projection1.8264

Supports and Resistance levels

  • Support 11.8245
  • Support 21.8147
  • Resistance 11.8514
  • Resistance 21.8685
  • Pivot1.8416

Current move should be supported in 1.8801 - 1.8567 zone for a rise to 1.9333. A break below 1.8269 opens the way down.

Technical Forecast

  • Elliott Wave

    flat correction down 1.8586

Key Points

  • Key Point1.8610
  • Entry Point1.9056
  • Trendline 11.8737
  • Trendline 21.8960
  • Elliott1.9503
  • Closing1.8865
  • Ex-Low1.8737
  • Ex-High1.9503
  • Projection1.8514

Supports and Resistance levels

  • Support 11.8567
  • Support 21.8269
  • Resistance 11.9333
  • Resistance 21.9801
  • Pivot1.9035