It should try higher up to 108.474258 - 108.693298. Entry point 108.255211 or 108.140320. After this rise, a correction is expected.

Technical Forecast

  • Elliott Wave

    zigzag or flat correction

Key Points

  • Key Point108.78
  • Entry Point108.30
  • Trendline 1108.13
  • Trendline 2108.13
  • Elliott107.82
  • Closing108.46
  • Ex-Low107.82
  • Ex-High108.49
  • Projection109.12

Supports and Resistance levels

  • Support 1108.03
  • Support 2107.59
  • Resistance 1108.69
  • Resistance 2108.92
  • Pivot108.26

Market should not go lower than 108.279510 - 107.730675. After this move down it should go up to 109.102753 - 109.377174 area.

Technical Forecast

  • Elliott Wave

    extension wave down

Key Points

  • Key Point107.70
  • Entry Point108.63
  • Trendline 1109.93
  • Trendline 2109.18
  • Elliott110.67
  • Closing108.28
  • Ex-Low108.28
  • Ex-High109.93
  • Projection106.98

Supports and Resistance levels

  • Support 1107.73
  • Support 2107.18
  • Resistance 1109.38
  • Resistance 2110.47
  • Pivot108.83

Market should not go lower than 108.279503 - 107.142006. After this move down it should go up to 109.985748 - 110.554497 area.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point106.57
  • Entry Point109.42
  • Trendline 1111.69
  • Trendline 2110.98
  • Elliott112.40
  • Closing108.28
  • Ex-Low108.28
  • Ex-High111.69
  • Projection104.70

Supports and Resistance levels

  • Support 1107.14
  • Support 2106.00
  • Resistance 1110.55
  • Resistance 2112.83
  • Pivot109.42