It should try higher up to 0.6783 - 0.6794. Entry point 0.6771 or 0.6763. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    zigzag or flat correction

Key Points

  • Key Point0.6791
  • Entry Point0.6769
  • Trendline 10.6798
  • Trendline 20.6762
  • Elliott0.6748
  • Closing0.6779
  • Ex-Low0.6748
  • Ex-High0.6786
  • Projection0.6790

Supports and Resistance levels

  • Support 10.6756
  • Support 20.6733
  • Resistance 10.6794
  • Resistance 20.6809
  • Pivot0.6771

It should test 0.6977 area after which a sell off down to 0.6735 or extended to 0.6633 area is expected.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point0.6907
  • Entry Point0.6797
  • Trendline 10.6840
  • Trendline 20.6768
  • Elliott0.6688
  • Closing0.6837
  • Ex-Low0.6688
  • Ex-High0.6845
  • Projection0.6918

Supports and Resistance levels

  • Support 10.6735
  • Support 20.6633
  • Resistance 10.6892
  • Resistance 20.6947
  • Pivot0.6790

Market should not go lower than 0.6754 - 0.6652. After this move down it should go up to 0.6916 - 0.6976 area.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point0.6647
  • Entry Point-8.5783
  • Trendline 10.6925
  • Trendline 20.6925
  • Elliott56.3392
  • Closing0.6773
  • Ex-Low0.6736
  • Ex-High0.7060
  • Projection-33.7205

Supports and Resistance levels

  • Support 10.6652
  • Support 20.6532
  • Resistance 10.6976
  • Resistance 20.7180
  • Pivot0.6856