While below 1.2780 - 1.2820 it might drop to 1.2639 or 1.2559.

Technical Forecast

  • Elliott Wave

    irregular flat correction down

Key Points

  • Key Point1.2689
  • Entry Point1.2764
  • Trendline 11.2756
  • Trendline 21.2756
  • Elliott1.2840
  • Closing1.2719
  • Ex-Low1.2659
  • Ex-High1.2840
  • Projection1.2659

Supports and Resistance levels

  • Support 11.2639
  • Support 21.2559
  • Resistance 11.2820
  • Resistance 21.2920
  • Pivot1.2739

It might hold above 1.2738 or 1.2697 for a rise towards above 1.2835. Stop loss below 1.2642 zone.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point1.2690
  • Entry Point1.2737
  • Trendline 11.2803
  • Trendline 21.2759
  • Elliott1.3174
  • Closing1.2751
  • Ex-Low1.2725
  • Ex-High1.2864
  • Projection1.2696

Supports and Resistance levels

  • Support 11.2697
  • Support 21.2642
  • Resistance 11.2835
  • Resistance 21.2918
  • Pivot1.2780

While below 1.2963 - 1.3042 it might drop to 1.2592 or 1.2433.

Technical Forecast

  • Elliott Wave

    common flat resistance in downtrend

Key Points

  • Key Point1.2719
  • Entry Point1.2926
  • Trendline 11.3175
  • Trendline 21.3113
  • Elliott1.3298
  • Closing1.2751
  • Ex-Low1.2724
  • Ex-High1.3174
  • Projection1.2269

Supports and Resistance levels

  • Support 11.2592
  • Support 21.2433
  • Resistance 11.3042
  • Resistance 21.3333
  • Pivot1.2883