Currently uptrend should end around 2.1628 - 2.1679 area. A correction down to below 2.1474 is expected. A rise above 2.1758 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    elongated flat correction up 2.1746

Key Points

  • Key Point2.1693
  • Entry Point2.1603
  • Trendline 12.1428
  • Trendline 22.1599
  • Elliott2.1257
  • Closing2.1599
  • Ex-Low2.1428
  • Ex-High2.1633
  • Projection2.1784

Supports and Resistance levels

  • Support 12.1474
  • Support 22.1348
  • Resistance 12.1679
  • Resistance 22.1758
  • Pivot2.1553

No comments available

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Harami

Key Points

  • Key Point2.1372
  • Entry Point2.1351
  • Trendline 12.1320
  • Trendline 22.1348
  • Elliott2.1186
  • Closing2.1443
  • Ex-Low2.1294
  • Ex-High2.1763
  • Projection2.2018

Supports and Resistance levels

  • Support 12.1237
  • Support 22.1031
  • Resistance 12.1706
  • Resistance 22.1969
  • Pivot2.1500

One more dip to 2.1338 - 2.0894 is likely followed by a grind higher to 2.2080 - 2.2377. After which it can resume its downtrend.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Imminent end of bearish move

Key Points

  • Key Point2.1052
  • Entry Point2.1879
  • Trendline 12.2691
  • Trendline 22.2286
  • Elliott2.4968
  • Closing2.1490
  • Ex-Low2.1186
  • Ex-High2.2669
  • Projection1.9786

Supports and Resistance levels

  • Support 12.0894
  • Support 22.0299
  • Resistance 12.2377
  • Resistance 22.3265
  • Pivot2.1782