Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6630 or 0.6626 if support around 0.6576 hold. After which a pullback to 0.6576 - 0.6562 zone is possible.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point0.6631
  • Entry Point0.6572
  • Trendline 10.6520
  • Trendline 20.6557
  • Elliott0.6494
  • Closing0.6598
  • Ex-Low0.6526
  • Ex-High0.6604
  • Projection0.6640

Supports and Resistance levels

  • Support 10.6548
  • Support 20.6499
  • Resistance 10.6626
  • Resistance 20.6654
  • Pivot0.6576

It looks set for gains to 0.6566. Supports at 0.6515 and 0.6501. A break of 0.6465 will damage this bullish structure.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point0.6547
  • Entry Point0.6521
  • Trendline 10.6494
  • Trendline 20.6508
  • Elliott0.6480
  • Closing0.6537
  • Ex-Low0.6494
  • Ex-High0.6559
  • Projection0.6596

Supports and Resistance levels

  • Support 10.6501
  • Support 20.6465
  • Resistance 10.6566
  • Resistance 20.6596
  • Pivot0.6530

It may meet resistance in 0.6537 - 0.6565 zone for a drift down to 0.6452 zone, after which bounce to 0.6651 is anticipated.

Technical Forecast

  • Elliott Wave

    null

Key Points

  • Key Point0.6461
  • Entry Point0.6556
  • Trendline 10.6697
  • Trendline 20.6521
  • Elliott0.6942
  • Closing0.6537
  • Ex-Low0.6480
  • Ex-High0.6679
  • Projection0.6363

Supports and Resistance levels

  • Support 10.6452
  • Support 20.6367
  • Resistance 10.6651
  • Resistance 20.6764
  • Pivot0.6565