Current rise seems to be over near 2.0141 or 2.0211 for a retracement towards 2.0070 - 2.0029 area.

Technical Forecast

  • Elliott Wave

    extended impulse wave up 2.0249

  • Trend Warning

    Warning: End of trend - Imminent end of bullish move

Key Points

  • Key Point2.0221
  • Entry Point2.0071
  • Trendline 11.9928
  • Trendline 21.9994
  • Elliott1.9862
  • Closing2.0130
  • Ex-Low1.9928
  • Ex-High2.0151
  • Projection2.0200

Supports and Resistance levels

  • Support 11.9988
  • Support 21.9847
  • Resistance 12.0211
  • Resistance 22.0293
  • Pivot2.0070

Currently uptrend should end around 2.0133 - 2.0088 area. A correction down to below 1.9735 is expected. A rise above 2.0227 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Imminent end of bullish move

Key Points

  • Key Point2.0091
  • Entry Point1.9941
  • Trendline 11.9660
  • Trendline 21.9920
  • Elliott1.9400
  • Closing1.9949
  • Ex-Low1.9660
  • Ex-High2.0013
  • Projection2.0334

Supports and Resistance levels

  • Support 11.9735
  • Support 21.9521
  • Resistance 12.0088
  • Resistance 22.0227
  • Pivot1.9874

While above 1.9630 - 1.9203 zone a corrective dip could test 2.0057 or 2.0677. After which it should resume his downtrend.

Technical Forecast

  • Elliott Wave

    crucial reversal point

Key Points

  • Key Point1.9672
  • Entry Point1.9660
  • Trendline 11.9438
  • Trendline 21.9859
  • Elliott1.9017
  • Closing1.9822
  • Ex-Low1.9438
  • Ex-High2.0912
  • Projection2.0679

Supports and Resistance levels

  • Support 11.9203
  • Support 21.8583
  • Resistance 12.0677
  • Resistance 22.1531
  • Pivot2.0057