It looks more likely that it would rise to 1.3259 from 1.3192 or 1.3169. After which a downside move is expected.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point1.3219
  • Entry Point1.3204
  • Trendline 11.3176
  • Trendline 21.3205
  • Elliott1.3062
  • Closing1.3213
  • Ex-Low1.3170
  • Ex-High1.3260
  • Projection1.3333

Supports and Resistance levels

  • Support 11.3169
  • Support 21.3125
  • Resistance 11.3259
  • Resistance 21.3304
  • Pivot1.3215

Currently uptrend should end around 1.3237 - 1.3295 area. A correction down to 1.3138 - 1.3097 is expected. A rise above 1.3377 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.3265
  • Entry Point1.3137
  • Trendline 11.3070
  • Trendline 21.3073
  • Elliott1.3041
  • Closing1.3213
  • Ex-Low1.3062
  • Ex-High1.3260
  • Projection1.3320

Supports and Resistance levels

  • Support 11.3097
  • Support 21.2980
  • Resistance 11.3295
  • Resistance 21.3377
  • Pivot1.3178

Currently uptrend should end around 1.3344 - 1.3450 area. A correction down to below 1.3074 is expected. A rise above 1.3614 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    null

Key Points

  • Key Point1.3356
  • Entry Point1.3214
  • Trendline 11.3061
  • Trendline 21.3154
  • Elliott1.2589
  • Closing1.3286
  • Ex-Low1.3027
  • Ex-High1.3403
  • Projection1.3617

Supports and Resistance levels

  • Support 11.3074
  • Support 21.2863
  • Resistance 11.3450
  • Resistance 21.3614
  • Pivot1.3239