There are initial signs of a good corrective recovery towards 1.0191 or even 1.0205. Supports at 1.0159 and 1.0141 zone.

Technical Forecast

  • Elliott Wave

    impulse wave up 1.0221

  • Trend Warning

    Warning: Harami

Key Points

  • Key Point1.0196
  • Entry Point1.0188
  • Trendline 11.0144
  • Trendline 21.0227
  • Elliott0.9966
  • Closing1.0170
  • Ex-Low1.0148
  • Ex-High1.0212
  • Projection1.0221

Supports and Resistance levels

  • Support 11.0141
  • Support 21.0113
  • Resistance 11.0205
  • Resistance 21.0241
  • Pivot1.0177

Currently uptrend should end around 1.0375 - 1.0290 area. A correction down to below 1.0034 is expected. A rise above 1.0384 will abort the expected correction.

Technical Forecast

  • Elliott Wave

    irregular flat support in correction up 1.0125

  • Trend Warning

    Warning: Imminent end of bullish move

Key Points

  • Key Point1.0315
  • Entry Point1.0146
  • Trendline 10.9921
  • Trendline 21.0166
  • Elliott0.9757
  • Closing1.0196
  • Ex-Low0.9966
  • Ex-High1.0222
  • Projection1.0551

Supports and Resistance levels

  • Support 11.0034
  • Support 20.9872
  • Resistance 11.0290
  • Resistance 21.0384
  • Pivot1.0128

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