Current rise seems to be over near 0.9987 or 1.0061 for a retracement towards 0.9913 - 0.9876 area.

Technical Forecast

  • Elliott Wave

    zigzag or flat correction 1.0060

Key Points

  • Key Point1.0095
  • Entry Point0.9894
  • Trendline 10.9766
  • Trendline 20.9775
  • Elliott0.9757
  • Closing0.9986
  • Ex-Low0.9766
  • Ex-High0.9988
  • Projection1.0060

Supports and Resistance levels

  • Support 10.9839
  • Support 20.9691
  • Resistance 11.0061
  • Resistance 21.0135
  • Pivot0.9913

It may meet resistance in 0.9804 - 0.9832 zone for a drift down to 0.9729 zone, after which bounce to 0.9907 is anticipated.

Technical Forecast

  • Elliott Wave

    crucial reversal point

  • Trend Warning

    Warning: Imminent end of bearish move

Key Points

  • Key Point0.9762
  • Entry Point0.9773
  • Trendline 10.9998
  • Trendline 20.9642
  • Elliott1.0248
  • Closing0.9804
  • Ex-Low0.9757
  • Ex-High0.9935
  • Projection0.9513

Supports and Resistance levels

  • Support 10.9729
  • Support 20.9654
  • Resistance 10.9907
  • Resistance 21.0010
  • Pivot0.9832

There are initial signs of a good corrective recovery towards 1.0117 or even 1.0237. Supports at 0.9872 and 0.9746 zone.

Technical Forecast

  • Elliott Wave

    crucial reversal point

Key Points

  • Key Point1.0266
  • Entry Point1.0186
  • Trendline 10.9757
  • Trendline 21.0456
  • Elliott0.9058
  • Closing0.9986
  • Ex-Low0.9757
  • Ex-High1.0248
  • Projection1.0177

Supports and Resistance levels

  • Support 10.9746
  • Support 20.9506
  • Resistance 11.0237
  • Resistance 21.0488
  • Pivot0.9997