While below 86.0050 - 86.4433 it is more likely to fall further towards 85.2500 or 84.9333. Premature rise above 86.4433 could see it rising above 87.0767 zone.

Technical Forecast

  • Elliott Wave

    common flat correction up 86.4700

  • Trend Warning

    Warning: Imminent end of bullish move

Key Points

  • Key Point86.34
  • Entry Point85.48
  • Trendline 184.46
  • Trendline 285.76
  • Elliott82.95
  • Closing85.81
  • Ex-Low84.69
  • Ex-High86.20
  • Projection86.47

Supports and Resistance levels

  • Support 184.93
  • Support 284.06
  • Resistance 186.44
  • Resistance 287.08
  • Pivot85.57

Market should not go lower than 82.9800 - 81.5467. After this move down it should go up to 85.1450 - 85.8767 area.

Technical Forecast

  • Elliott Wave

    extension wave down 81.8622

  • Trend Warning

    Warning: Imminent end of bearish move

Key Points

  • Key Point80.91
  • Entry Point84.41
  • Trendline 187.28
  • Trendline 286.32
  • Elliott88.24
  • Closing83.01
  • Ex-Low82.95
  • Ex-High87.28
  • Projection80.55

Supports and Resistance levels

  • Support 181.55
  • Support 280.08
  • Resistance 185.88
  • Resistance 288.74
  • Pivot84.41

No comments available

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Harami

Key Points

  • Key Point85.54
  • Entry Point86.94
  • Trendline 188.67
  • Trendline 287.95
  • Elliott91.46
  • Closing85.54
  • Ex-Low83.20
  • Ex-High89.12
  • Projection80.84

Supports and Resistance levels

  • Support 182.79
  • Support 280.03
  • Resistance 188.71
  • Resistance 291.87
  • Pivot85.95