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
  • Elliott Waveextended impulse wave down
Key Points
  • Key Point1.0487
  • Entry Point1.0506
  • Trendline 11.0540
  • Trendline 21.0512
  • Elliott1.0630
  • Closing1.0508
  • Ex-Low1.0495
  • Ex-High1.0551
  • Projection1.0455
Supports and Resistance levels
  • Support 11.0485
  • Support 21.0462
  • Resistance 11.0542
  • Resistance 21.0575
  • Pivot1.0518
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