It may meet resistance in 1.1671 - 1.1672 zone for a drift down to 1.1649 zone, after which bounce to 1.1694 is anticipated.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point1.1669
  • Entry Point1.1664
  • Trendline 11.1706
  • Trendline 21.1662
  • Elliott1.1791
  • Closing1.1671
  • Ex-Low1.1650
  • Ex-High1.1696
  • Projection1.1628

Supports and Resistance levels

  • Support 11.1649
  • Support 21.1626
  • Resistance 11.1694
  • Resistance 21.1718
  • Pivot1.1672

It should try higher up to 1.1757 - 1.1812. Entry point 1.1702 or 1.1669. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point1.1813
  • Entry Point1.1693
  • Trendline 11.1584
  • Trendline 21.1655
  • Elliott1.1509
  • Closing1.1746
  • Ex-Low1.1591
  • Ex-High1.1767
  • Projection1.1850

Supports and Resistance levels

  • Support 11.1636
  • Support 21.1526
  • Resistance 11.1812
  • Resistance 21.1878
  • Pivot1.1702

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Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point-5.8799
  • Entry Point-5.8745
  • Trendline 1-9.3786
  • Trendline 21.1615
  • Elliott22.3473
  • Closing1.1684
  • Ex-Low1.1509
  • Ex-High1.1850
  • Projection1.1555

Supports and Resistance levels

  • Support 11.1512
  • Support 21.1340
  • Resistance 11.1853
  • Resistance 21.2022
  • Pivot1.1681