Preferred view is for a fall to 1.5161 - 1.5136 while 1.5210 - 1.5232 area resists. A clear break of 1.5283 would be bullish.

Technical Forecast

  • Elliott Wave

    support in an exagerated wave up 1.5138

  • Trend Warning

    Warning: End of trend

Key Points

  • Key Point1.5250
  • Entry Point1.5242
  • Trendline 11.5218
  • Trendline 21.5265
  • Elliott1.4778
  • Closing1.5180
  • Ex-Low1.5143
  • Ex-High1.5239
  • Projection1.6674

Supports and Resistance levels

  • Support 11.5136
  • Support 21.5091
  • Resistance 11.5232
  • Resistance 21.5283
  • Pivot1.5187

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5404 or 1.5353 if support around 1.5066 hold. After which a pullback to 1.5066 - 1.4979 zone is possible.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: End of trend - Imminent end of bullish move

Key Points

  • Key Point1.5351
  • Entry Point1.5042
  • Trendline 11.4779
  • Trendline 21.4946
  • Elliott1.4439
  • Closing1.5180
  • Ex-Low1.4778
  • Ex-High1.5239
  • Projection1.5591

Supports and Resistance levels

  • Support 11.4892
  • Support 21.4605
  • Resistance 11.5353
  • Resistance 21.5527
  • Pivot1.5066

It should try higher up to 1.5210 - 1.5466. Entry point 1.4953 or 1.4810. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    support in a triangle up 1.4967

  • Trend Warning

    Warning: End of trend

Key Points

  • Key Point1.5521
  • Entry Point1.4843
  • Trendline 11.4448
  • Trendline 21.4513
  • Elliott1.4310
  • Closing1.5180
  • Ex-Low1.4439
  • Ex-High1.5239
  • Projection1.5779

Supports and Resistance levels

  • Support 11.4666
  • Support 21.4153
  • Resistance 11.5466
  • Resistance 21.5753
  • Pivot1.4953