It may meet resistance in 0.9872 - 0.9885 zone for a drift down to 0.9844 zone, after which bounce to 0.9913 is anticipated.

Technical Forecast

  • Elliott Wave

    elongated flat correction down

Key Points

  • Key Point0.9852
  • Entry Point0.9869
  • Trendline 10.9940
  • Trendline 20.9878
  • Elliott1.0023
  • Closing0.9872
  • Ex-Low0.9857
  • Ex-High0.9926
  • Projection0.9809

Supports and Resistance levels

  • Support 10.9844
  • Support 20.9816
  • Resistance 10.9913
  • Resistance 20.9954
  • Pivot0.9885

One move lower to 0.9967 or 0.9932 is anticipated while below 1.0013 - 1.0030 area. Stop loss above 1.0058 zone.

Technical Forecast

  • Elliott Wave

    elongated flat correction up

Key Points

  • Key Point1.0045
  • Entry Point1.0025
  • Trendline 10.9960
  • Trendline 21.0052
  • Elliott0.9869
  • Closing1.0002
  • Ex-Low0.9960
  • Ex-High1.0023
  • Projection1.0048

Supports and Resistance levels

  • Support 10.9967
  • Support 20.9932
  • Resistance 11.0030
  • Resistance 21.0058
  • Pivot0.9995

It should try higher up to 1.0013 - 1.0067. Entry point 0.9959 or 0.9926. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point1.0067
  • Entry Point0.9966
  • Trendline 10.9907
  • Trendline 20.9914
  • Elliott0.9660
  • Closing1.0002
  • Ex-Low0.9851
  • Ex-High1.0023
  • Projection1.0236

Supports and Resistance levels

  • Support 10.9894
  • Support 20.9786
  • Resistance 11.0067
  • Resistance 21.0131
  • Pivot0.9959