Current fall is near an end of wave around 1.0485 zone, a rally should then procede to above 1.0542. Fall below 1.0462 would cancel this scenario.
Technical Forecast
Technical Forecast
- Elliott Waveextended impulse wave down
- Key Point1.0487
- Entry Point1.0506
- Trendline 11.0540
- Trendline 21.0512
- Elliott1.0630
- Closing1.0508
- Ex-Low1.0495
- Ex-High1.0551
- Projection1.0455
- Support 11.0485
- Support 21.0462
- Resistance 11.0542
- Resistance 21.0575
- Pivot1.0518