There are initial signs of a good corrective recovery towards 1.0603 or even 1.0613. Supports at 1.0573 and 1.0554 zone.

Technical Forecast
  • Elliott Waveelongated flat correction down
Key Points
  • Key Point1.0550
  • Entry Point1.0590
  • Trendline 11.0578
  • Trendline 21.0590
  • Elliott1.0630
  • Closing1.0575
  • Ex-Low1.0571
  • Ex-High1.0630
  • Projection1.0552

Supports and Resistance levels
  • Support 11.0554
  • Support 21.0533
  • Resistance 11.0613
  • Resistance 21.0651
  • Pivot1.0592
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