Should test support at 1.3342 while below 1.3381. If support at 1.3342 holds it can rise up to 1.3432, if not it should fall to below 1.3303 zone.

Technical Forecast

  • Elliott Wave

    elongated flat correction up

Key Points

  • Key Point1.3423
  • Entry Point1.3405
  • Trendline 11.3352
  • Trendline 21.3456
  • Elliott1.3160
  • Closing1.3381
  • Ex-Low1.3355
  • Ex-High1.3445
  • Projection1.3440

Supports and Resistance levels

  • Support 11.3342
  • Support 21.3303
  • Resistance 11.3432
  • Resistance 21.3483
  • Pivot1.3393

Strength can extend to 1.3323 or 1.3369 as declines are expected to find support at 1.3237 or 1.3196. A fall below 1.3106 could turn it bearish.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point1.3300
  • Entry Point1.3264
  • Trendline 11.3212
  • Trendline 21.3238
  • Elliott1.2783
  • Closing1.3287
  • Ex-Low1.3187
  • Ex-High1.3360
  • Projection1.3451

Supports and Resistance levels

  • Support 11.3196
  • Support 21.3106
  • Resistance 11.3369
  • Resistance 21.3450
  • Pivot1.3278

Current rise should end around 1.3415. Objectives of this downmove are 1.3104 or 1.2921. A rise above 1.3543 is again bullish.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point1.3423
  • Entry Point1.3302
  • Trendline 11.3049
  • Trendline 21.3315
  • Elliott1.2783
  • Closing1.3287
  • Ex-Low1.3049
  • Ex-High1.3360
  • Projection1.3501

Supports and Resistance levels

  • Support 11.3104
  • Support 21.2921
  • Resistance 11.3415
  • Resistance 21.3543
  • Pivot1.3232