Midterm forecast: - While the price is above the support 1.62950, beginning of uptrend is expected.
- We make sure when the resistance at 1.68150 breaks.
- If the support at 1.62950 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - While the RSI downtrend #1 is not broken, bearish wave in price would continue.
- A trough is formed in daily chart at 1.6320 on 02/24/2021, so more gains maximum to Major Resistance (1.6815) is expected.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 49.
Take Profits: - 1.6815
- Resistance on 02/18/2021
- Resistance on 02/17/2021
- Resistance on 02/16/2021
- Resistance on 02/15/2021
- Resistance on 02/12/2021
- Resistance on 02/11/2021
- Resistance on 02/10/2021
- Support on 02/01/2021
- Support on 01/29/2021
- Support on 01/25/2021
- Support on 01/21/2021
- Support on 01/15/2021
- Support on 01/14/2021
- Support on 02/18/2020
- Support on 02/14/2020
- Support on 01/29/2020
- Resistance on 01/21/2020
- Resistance on 01/20/2020
- Resistance on 01/13/2020
- Resistance on 01/10/2020
- Resistance on 01/09/2020
- Resistance on 01/08/2020
- Resistance on 01/07/2020
- Resistance on 01/06/2020
- Support on 12/18/2019
- Support on 12/13/2019
- Support on 12/06/2019
- Resistance on 07/29/2019
- Support on 07/12/2019
- Support on 05/03/2019
- Resistance on 04/18/2019
- Resistance on 04/17/2019
- Resistance on 02/13/2019
- Resistance on 02/12/2019
- Resistance on 02/08/2019
- Resistance on 02/07/2019
- Support on 01/22/2019
- Resistance on 01/16/2019
- Support on 01/03/2019
- Resistance on 12/19/2018
- Support on 11/08/2018
- Support on 11/07/2018
- Resistance on 06/19/2018
- Resistance on 06/14/2018
- Resistance on 06/13/2018
- Resistance on 06/08/2018
- Resistance on 06/07/2018
- Resistance on 04/16/2018
- Resistance on 04/12/2018
- Support on 04/09/2018
- Support on 03/13/2018
- Support on 03/12/2018
- Support on 03/01/2018
- Support on 02/26/2018
- Support on 02/01/2018
- Support on 01/31/2018
- 1.7035
- Resistance on 01/28/2021
- Resistance on 01/20/2021
- Resistance on 01/19/2021
- Support on 12/30/2020
- Support on 12/02/2020
- Support on 11/24/2020
- Support on 11/12/2020
- Resistance on 02/20/2020
- Resistance on 02/06/2020
- Resistance on 02/05/2020
- Resistance on 01/30/2020
- Resistance on 12/04/2019
- Resistance on 12/03/2019
- Support on 12/02/2019
- Support on 09/12/2019
- Resistance on 08/02/2019
- Resistance on 07/10/2019
- Resistance on 06/07/2019
- Resistance on 06/06/2019
- Resistance on 06/05/2019
- Support on 05/29/2019
- Support on 05/20/2019
- Support on 05/16/2019
- Support on 05/14/2019
- Resistance on 05/10/2019
- Resistance on 05/09/2019
- Resistance on 05/08/2019
- Resistance on 01/10/2019
- Resistance on 01/09/2019
- Resistance on 01/08/2019
- Resistance on 01/04/2019
- Support on 01/02/2019
- Resistance on 06/27/2018
- Resistance on 05/23/2018
- Resistance on 05/09/2018
- Resistance on 05/08/2018
- Resistance on 05/07/2018
- Support on 05/02/2018
- Resistance on 03/30/2018
- Support on 03/28/2018
- Support on 03/26/2018
- Resistance on 03/19/2018
- Resistance on 03/16/2018
- Resistance on 03/08/2018
- Resistance on 03/07/2018
- Resistance on 03/02/2018
- Resistance on 02/09/2018
- Resistance on 02/08/2018
- Resistance on 02/07/2018
- Resistance on 02/06/2018
- Resistance on 02/05/2018
- Resistance on 01/03/2018
- Resistance on 12/20/2017
- Resistance on 12/12/2017
- Resistance on 10/31/2017
- Resistance on 10/27/2017
- Resistance on 10/24/2017
- Resistance on 02/17/2016
- Resistance on 02/16/2016
- Resistance on 02/12/2016
- Resistance on 02/11/2016
- Resistance on 02/10/2016
- Resistance on 02/09/2016
- Resistance on 01/27/2016
- Resistance on 01/21/2016
- Resistance on 01/20/2016
- Resistance on 01/19/2016
- Resistance on 01/18/2016
- Resistance on 01/15/2016
- Resistance on 01/14/2016
- Support on 08/24/2015
- Resistance on 08/21/2015
- Resistance on 08/14/2015
- Resistance on 08/12/2015
- Resistance on 09/02/2013
- Support on 08/23/2013
- Resistance on 08/21/2013
- Resistance on 06/24/2013
- Resistance on 06/12/2013
- Resistance on 06/11/2013
- 1.7195
- Resistance on 12/29/2020
- Resistance on 12/28/2020
- Resistance on 12/24/2020
- Support on 12/22/2020
- Resistance on 12/18/2020
- Resistance on 12/16/2020
- Resistance on 12/15/2020
- Resistance on 12/08/2020
- Resistance on 12/04/2020
- Resistance on 12/02/2020
- Support on 11/13/2020
- Support on 07/08/2020
- Support on 07/07/2020
- Support on 07/06/2020
- Support on 07/03/2020
- Support on 06/09/2020
- Support on 06/08/2020
- Support on 02/26/2020
- Resistance on 11/29/2019
- Support on 11/22/2019
- Support on 08/16/2019
- Support on 08/15/2019
- Support on 08/09/2019
- Resistance on 08/06/2019
- Resistance on 06/26/2019
- Resistance on 06/20/2019
- Resistance on 06/19/2019
- Resistance on 06/13/2019
- Resistance on 05/23/2019
- Resistance on 05/22/2019
- Resistance on 01/03/2019
- Support on 08/09/2018
- Resistance on 08/03/2018
- Resistance on 08/02/2018
- Resistance on 08/01/2018
- Resistance on 07/31/2018
- Resistance on 07/27/2018
- Resistance on 07/26/2018
- Resistance on 07/25/2018
- Resistance on 07/18/2018
- Support on 07/05/2018
- Support on 07/04/2018
- Resistance on 04/24/2018
- 1.7340
- Resistance on 12/22/2020
- Resistance on 12/21/2020
- Resistance on 11/13/2020
- Resistance on 11/11/2020
- Support on 07/23/2020
- Support on 07/22/2020
- Support on 07/21/2020
- Support on 07/16/2020
- Support on 07/15/2020
- Resistance on 07/13/2020
- Support on 07/01/2020
- Support on 06/23/2020
- Support on 06/22/2020
- Support on 06/18/2020
- Support on 06/17/2020
- Support on 06/10/2020
- Support on 06/05/2020
- Resistance on 11/19/2019
- Resistance on 11/14/2019
- Support on 11/08/2019
- Support on 11/07/2019
- Support on 11/06/2019
- Support on 11/05/2019
- Support on 11/04/2019
- Support on 11/01/2019
- Support on 10/31/2019
- Support on 10/22/2019
- Support on 10/04/2019
- Support on 09/25/2019
- Resistance on 09/06/2019
- Support on 09/02/2019
- Support on 08/27/2019
- Support on 08/26/2019
- Resistance on 08/21/2019
- Resistance on 08/19/2019
- Resistance on 08/15/2019
- Resistance on 08/14/2019
- Resistance on 08/09/2019
- Resistance on 01/03/2019
- Resistance on 08/21/2018
- Resistance on 08/14/2018
- Support on 08/10/2018
- Resistance on 07/03/2018
- Resistance on 07/02/2018
- 1.7645
- Support on 10/26/2020
- Support on 10/23/2020
- Support on 10/13/2020
- Support on 10/02/2020
- Support on 10/01/2020
- Resistance on 09/22/2020
- Resistance on 09/16/2020
- Support on 09/10/2020
- Support on 09/09/2020
- Support on 09/08/2020
- Resistance on 09/02/2020
- Support on 08/31/2020
- Support on 08/28/2020
- Resistance on 07/28/2020
- Resistance on 06/12/2020
- Resistance on 06/11/2020
- Support on 05/27/2020
- Support on 05/26/2020
- Support on 05/08/2020
- Support on 04/30/2020
- Support on 03/05/2020
- Support on 03/04/2020
- Resistance on 02/28/2020
- Resistance on 10/16/2019
- Resistance on 10/03/2018
- Resistance on 09/28/2018
- Resistance on 09/06/2018
- Support on 09/29/2015
- Support on 09/24/2015
- Support on 09/23/2015
- Support on 09/22/2015
- Support on 09/17/2015
- Support on 09/16/2015
- Resistance on 09/09/2015
- Support on 09/02/2015
- Support on 09/01/2015
- Resistance on 08/27/2015
- Support on 08/25/2015
- 1.7930
- Resistance on 10/08/2020
- Support on 08/19/2020
- Resistance on 08/12/2020
- Resistance on 08/06/2020
- Resistance on 05/29/2020
- Support on 05/19/2020
- Support on 04/20/2020
- Support on 04/10/2020
- Support on 04/09/2020
- Support on 03/12/2020
- Support on 03/11/2020
- Support on 03/10/2020
- Support on 03/09/2020
- Resistance on 10/08/2018
- Resistance on 09/29/2015
- Resistance on 09/24/2015
- Resistance on 09/23/2015
- Resistance on 09/15/2015
- Resistance on 09/10/2015
- Resistance on 09/02/2015
- Resistance on 09/01/2015
- Resistance on 08/25/2015
- Resistance on 08/24/2015
- 1.8220
- Resistance on 08/20/2020
- Resistance on 05/18/2020
- Resistance on 05/04/2020
- Resistance on 04/23/2020
- Resistance on 04/21/2020
- Resistance on 04/16/2020
- Resistance on 04/15/2020
- Support on 03/31/2020
- Support on 03/19/2020
- Support on 03/16/2020
- Resistance on 03/12/2020
- Resistance on 03/09/2020
- Resistance on 08/24/2015
Click on the level to view price action history. |