It may meet resistance in 1.0611 - 1.0616 zone for a drift down to 1.0602 zone, after which bounce to 1.0625 is anticipated.
Technical Forecast
Technical Forecast
- Elliott Waveflat correction down
- Key Point1.0587
- Entry Point1.0596
- Trendline 11.0630
- Trendline 21.0582
- Elliott1.0677
- Closing1.0611
- Ex-Low1.0606
- Ex-High1.0630
- Projection1.0570
- Support 11.0602
- Support 21.0592
- Resistance 11.0625
- Resistance 21.0639
- Pivot1.0616