It looks more likely that it would rise to 1.0095 - 1.0152 from 1.0014 or 0.9986. After which a downside move is expected.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.0033
  • Entry Point1.0011
  • Trendline 11.0028
  • Trendline 21.0028
  • Elliott0.9989
  • Closing1.0039
  • Ex-Low0.9989
  • Ex-High1.0099
  • Projection1.0099

Supports and Resistance levels

  • Support 10.9986
  • Support 20.9933
  • Resistance 11.0095
  • Resistance 21.0152
  • Pivot1.0042

Current rise should end around 1.0041. Objectives of this downmove are 0.9958 or 0.9911. A rise above 1.0076 is again bullish.

Technical Forecast

  • Elliott Wave

    support in a triangle up

Key Points

  • Key Point1.0038
  • Entry Point1.0015
  • Trendline 10.9978
  • Trendline 21.0004
  • Elliott0.9716
  • Closing1.0005
  • Ex-Low0.9946
  • Ex-High1.0029
  • Projection1.0188

Supports and Resistance levels

  • Support 10.9958
  • Support 20.9911
  • Resistance 11.0041
  • Resistance 21.0076
  • Pivot0.9993

Difficult to predict the next move. If first down it should hold 0.9827 or 0.9771. If first up it should face resistance in 0.9966 - 1.0049 zone to 0.9771 zone.

Technical Forecast

  • Elliott Wave

    flat correction up

Key Points

  • Key Point1.0019
  • Entry Point0.9868
  • Trendline 10.9938
  • Trendline 20.9981
  • Elliott0.9716
  • Closing0.9937
  • Ex-Low0.9716
  • Ex-High0.9995
  • Projection1.0128

Supports and Resistance levels

  • Support 10.9771
  • Support 20.9604
  • Resistance 11.0049
  • Resistance 21.0161
  • Pivot0.9883