Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1898 or 1.1884 if support around 1.1804 hold. After which a pullback to 1.1804 - 1.1783 zone is possible.
Technical Forecast
Technical Forecast
- Elliott Waveimpulse wave up
- Key Point1.1899
- Entry Point1.1803
- Trendline 11.1729
- Trendline 21.1775
- Elliott1.1479
- Closing1.1842
- Ex-Low1.1723
- Ex-High1.1845
- Projection1.2000
- Support 11.1762
- Support 21.1681
- Resistance 11.1884
- Resistance 21.1926
- Pivot1.1804