Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4617 or 1.4633 if support around 1.4565 hold. After which a pullback to 1.4565 - 1.4540 zone is possible.

Technical Forecast

  • Elliott Wave

    correction zigzag 1.4636

  • Trend Warning

    Warning: End of trend - Imminent end of bullish move

Key Points

  • Key Point1.4613
  • Entry Point1.4547
  • Trendline 11.4505
  • Trendline 21.4519
  • Elliott1.4439
  • Closing1.4584
  • Ex-Low1.4496
  • Ex-High1.4614
  • Projection1.4636

Supports and Resistance levels

  • Support 11.4515
  • Support 21.4447
  • Resistance 11.4633
  • Resistance 21.4683
  • Pivot1.4565

No comments available

Technical Forecast

  • Elliott Wave

    flat correction down 1.4365

  • Trend Warning

    Warning: Low Zone

Key Points

  • Key Point1.4380
  • Entry Point1.4621
  • Trendline 11.4849
  • Trendline 21.4744
  • Elliott1.4954
  • Closing1.4512
  • Ex-Low1.4439
  • Ex-High1.4849
  • Projection1.4365

Supports and Resistance levels

  • Support 11.4351
  • Support 21.4190
  • Resistance 11.4761
  • Resistance 21.5010
  • Pivot1.4600

It should trade higher to 1.5066 while 1.4716 or 1.4613 offers support. Stop loss below 1.4509 zone.

Technical Forecast

  • Elliott Wave

    support in a triangle up 1.4716

Key Points

  • Key Point1.5077
  • Entry Point1.4659
  • Trendline 11.4365
  • Trendline 21.4420
  • Elliott1.4310
  • Closing1.4860
  • Ex-Low1.4365
  • Ex-High1.4922
  • Projection1.5373

Supports and Resistance levels

  • Support 11.4509
  • Support 21.4159
  • Resistance 11.5066
  • Resistance 21.5273
  • Pivot1.4716