Any possible decline should be supported around 1.3279 - 1.3262 zone for rally to above 1.3337. A clear break of 1.3241 will damage this expected rally.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point1.3293
  • Entry Point1.3289
  • Trendline 11.3281
  • Trendline 21.3294
  • Elliott1.3272
  • Closing1.3296
  • Ex-Low1.3283
  • Ex-High1.3321
  • Projection1.3314

Supports and Resistance levels

  • Support 11.3279
  • Support 21.3262
  • Resistance 11.3317
  • Resistance 21.3337
  • Pivot1.3300

Decline should be supported around 1.3252 - 1.3227 zone for rally to above 1.3310. A clear break of 1.3227 will damage this expected rally.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.3298
  • Entry Point1.3296
  • Trendline 11.3260
  • Trendline 21.3330
  • Elliott1.3191
  • Closing1.3277
  • Ex-Low1.3260
  • Ex-High1.3319
  • Projection1.3328

Supports and Resistance levels

  • Support 11.3252
  • Support 21.3227
  • Resistance 11.3310
  • Resistance 21.3344
  • Pivot1.3285

It should trade lower to 1.3196 or 1.3028 in extension while 1.3302 - 1.3365 offer resistance. A break of 1.3452 will damage this bearish view.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.3332
  • Entry Point1.3233
  • Trendline 11.3315
  • Trendline 21.3308
  • Elliott1.3043
  • Closing1.3277
  • Ex-Low1.3115
  • Ex-High1.3328
  • Projection1.3383

Supports and Resistance levels

  • Support 11.3152
  • Support 21.3028
  • Resistance 11.3365
  • Resistance 21.3452
  • Pivot1.3240