It should test 107.6400 area after which a sell off down to 106.2500 or extended to 105.6100 area is expected.

Technical Forecast

  • Elliott Wave

    flat correction up 107.6141

Key Points

  • Key Point107.27
  • Entry Point106.63
  • Trendline 1107.03
  • Trendline 2106.17
  • Elliott106.00
  • Closing106.89
  • Ex-Low106.00
  • Ex-High107.03
  • Projection107.17

Supports and Resistance levels

  • Support 1106.25
  • Support 2105.61
  • Resistance 1107.28
  • Resistance 2107.67
  • Pivot106.64

It should test 107.6000 area after which a sell off down to 105.2300 or extended to 103.6400 area is expected.

Technical Forecast

  • Elliott Wave

    crucial reversal point 107.7631

  • Trend Warning

    Warning: End of trend

Key Points

  • Key Point106.85
  • Entry Point106.33
  • Trendline 1106.87
  • Trendline 2106.82
  • Elliott114.66
  • Closing106.82
  • Ex-Low104.97
  • Ex-High107.89
  • Projection102.62

Supports and Resistance levels

  • Support 1105.23
  • Support 2103.64
  • Resistance 1108.15
  • Resistance 2109.48
  • Pivot106.56

It is likely to fall towards 109.3000 - 106.8800 unless a corrective rally breaks the 113.1900 resistance. Stop above 114.4000 zone.

Technical Forecast

  • Elliott Wave

    irregular flat correction down 110.0914

  • Trend Warning

    Warning: Low Zone - Harami

Key Points

  • Key Point111.53
  • Entry Point112.46
  • Trendline 1113.97
  • Trendline 2113.40
  • Elliott117.94
  • Closing111.72
  • Ex-Low109.56
  • Ex-High114.66
  • Projection107.67

Supports and Resistance levels

  • Support 1109.30
  • Support 2106.88
  • Resistance 1114.40
  • Resistance 2117.08
  • Pivot111.98