Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6613 or 0.6612 if support around 0.6572 hold. After which a pullback to 0.6572 - 0.6560 zone is possible.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point0.6611
  • Entry Point0.6566
  • Trendline 10.6532
  • Trendline 20.6555
  • Elliott0.6486
  • Closing0.6588
  • Ex-Low0.6533
  • Ex-High0.6596
  • Projection0.6651

Supports and Resistance levels

  • Support 10.6548
  • Support 20.6509
  • Resistance 10.6612
  • Resistance 20.6635
  • Pivot0.6572

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