Supports at 1.1407 and 1.1394 should hold the downward correction . After which a big upmove could occur . Stop loss below 1.1394 limit.
Technical Forecast
Technical Forecast
- Elliott Waveextended impulse wave up
- Key Point1.1465
- Entry Point1.1431
- Trendline 11.1416
- Trendline 21.1464
- Elliott1.1119
- Closing1.1421
- Ex-Low1.1392
- Ex-High1.1445
- Projection1.1517
- Support 11.1394
- Support 21.1366
- Resistance 11.1447
- Resistance 21.1473
- Pivot1.1420