Current rise seems to be over near 1.2796 or 1.2828 for a retracement towards 1.2764 - 1.2741 area.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.2812
  • Entry Point1.2751
  • Trendline 11.2699
  • Trendline 21.2727
  • Elliott1.2659
  • Closing1.2783
  • Ex-Low1.2700
  • Ex-High1.2808
  • Projection1.2840

Supports and Resistance levels

  • Support 11.2719
  • Support 21.2655
  • Resistance 11.2828
  • Resistance 21.2872
  • Pivot1.2764

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