While below 1.0127 - 1.0151 it is more likely to fall further towards 1.0052 or 1.0003.

Technical Forecast

  • Elliott Wave

    impulse wave up 1.0177

Key Points

  • Key Point1.0114
  • Entry Point1.0098
  • Trendline 11.0071
  • Trendline 21.0095
  • Elliott0.9966
  • Closing1.0102
  • Ex-Low1.0052
  • Ex-High1.0151
  • Projection1.0150

Supports and Resistance levels

  • Support 11.0052
  • Support 21.0003
  • Resistance 11.0151
  • Resistance 21.0201
  • Pivot1.0102

It should trade higher to 1.0111 while 0.9938 or 0.9890 offers support. Stop loss below 0.9842 zone.

Technical Forecast

  • Elliott Wave

    flat correction up 1.0125

  • Trend Warning

    Warning: End of trend

Key Points

  • Key Point1.0127
  • Entry Point0.9906
  • Trendline 10.9766
  • Trendline 20.9775
  • Elliott0.9757
  • Closing1.0014
  • Ex-Low0.9766
  • Ex-High1.0035
  • Projection1.0248

Supports and Resistance levels

  • Support 10.9842
  • Support 20.9669
  • Resistance 11.0111
  • Resistance 21.0207
  • Pivot0.9938

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