Current rise seems to be over near 0.9986 or 1.0004 for a retracement towards 0.9968 - 0.9957 area.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point1.0002
  • Entry Point0.9968
  • Trendline 10.9932
  • Trendline 20.9951
  • Elliott0.9913
  • Closing0.9981
  • Ex-Low0.9932
  • Ex-High0.9990
  • Projection0.9999

Supports and Resistance levels

  • Support 10.9945
  • Support 20.9909
  • Resistance 11.0004
  • Resistance 21.0026
  • Pivot0.9968

It may attempt a test higher to 0.9986 - 1.0026 after which weakness may set it to a drift down to 0.9900 limit.

Technical Forecast

  • Elliott Wave

    irregular flat correction up

Key Points

  • Key Point1.0036
  • Entry Point0.9950
  • Trendline 10.9990
  • Trendline 20.9972
  • Elliott0.9863
  • Closing0.9981
  • Ex-Low0.9863
  • Ex-High0.9990
  • Projection1.0098

Supports and Resistance levels

  • Support 10.9900
  • Support 20.9818
  • Resistance 11.0026
  • Resistance 21.0071
  • Pivot0.9945

It looks more likely that it would rise to 1.0108 - 1.0228 from 0.9949 or 0.9889. After which a downside move is expected.

Technical Forecast

  • Elliott Wave

    common flat correction up

Key Points

  • Key Point1.0063
  • Entry Point1.0047
  • Trendline 11.0013
  • Trendline 21.0093
  • Elliott0.9543
  • Closing0.9988
  • Ex-Low0.9909
  • Ex-High1.0128
  • Projection1.0068

Supports and Resistance levels

  • Support 10.9889
  • Support 20.9789
  • Resistance 11.0108
  • Resistance 21.0228
  • Pivot1.0008