Midterm forecast: - While the price is below the resistance 1.82750, beginning of downtrend is expected.
- We make sure when the support at 1.70700 breaks.
- If the resistance at 1.82750 is broken, the short-term forecast -beginning of downtrend- 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 1.7655 on 12/18/2020, so more gains to resistance(s) 1.8020 and maximum to Major Resistance (1.8275) 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 55.
Supports and Resistances: - 1.8275
- Resistance on 09/01/2020
- Resistance on 03/09/2020
- Peak on 03/09/2020
- Resistance on 12/13/2019
- Resistance on 10/11/2018
- Resistance on 05/10/2018
- Resistance on 05/01/2018
- Support on 03/16/2018
- Resistance on 03/12/2018
- Resistance on 03/08/2018
- Resistance on 03/07/2018
- Resistance on 03/06/2018
- Resistance on 03/05/2018
- Support on 02/14/2018
- Support on 02/13/2018
- Support on 02/12/2018
- Resistance on 12/08/2017
- Resistance on 09/28/2017
- Resistance on 09/26/2017
- Resistance on 09/25/2017
- Resistance on 09/20/2017
- Resistance on 09/19/2017
- Resistance on 09/18/2017
- Resistance on 09/15/2017
- Resistance on 05/11/2017
- Resistance on 05/10/2017
- Resistance on 05/09/2017
- 1.8020
- Resistance on 01/07/2021
- Resistance on 01/04/2021
- Resistance on 12/30/2020
- Resistance on 12/28/2020
- Resistance on 12/24/2020
- Resistance on 12/23/2020
- Resistance on 12/18/2020
- Resistance on 12/17/2020
- Resistance on 12/16/2020
- Resistance on 12/04/2020
- Support on 09/04/2020
- Resistance on 08/27/2020
- Resistance on 08/25/2020
- Resistance on 08/14/2020
- Resistance on 08/06/2020
- Resistance on 08/03/2020
- Resistance on 07/31/2020
- Resistance on 03/11/2020
- Support on 03/09/2020
- Resistance on 02/28/2020
- Support on 02/25/2020
- Support on 02/21/2020
- Support on 02/18/2020
- Resistance on 02/07/2020
- Resistance on 02/05/2020
- Resistance on 02/03/2020
- Resistance on 01/31/2020
- Resistance on 03/14/2019
- Resistance on 03/13/2019
- Resistance on 03/12/2019
- Resistance on 11/07/2018
- Resistance on 10/22/2018
- Support on 10/17/2018
- Resistance on 09/26/2018
- Resistance on 09/25/2018
- Resistance on 09/19/2018
- Resistance on 09/18/2018
- Resistance on 07/17/2018
- Resistance on 07/12/2018
- Resistance on 07/11/2018
- Resistance on 07/10/2018
- Resistance on 07/03/2018
- Resistance on 06/27/2018
- Resistance on 06/22/2018
- Support on 05/17/2018
- Support on 05/04/2018
- Support on 05/03/2018
- Resistance on 01/11/2018
- Resistance on 01/05/2018
- Resistance on 01/04/2018
- Resistance on 12/20/2017
- Resistance on 12/19/2017
- Resistance on 12/18/2017
- Support on 12/14/2017
- Support on 12/07/2017
- Support on 12/06/2017
- Support on 12/05/2017
- Resistance on 11/02/2017
- Resistance on 10/13/2017
- Resistance on 10/05/2017
- Support on 10/02/2017
- Support on 09/15/2017
- Resistance on 08/03/2017
- Resistance on 05/24/2017
- Resistance on 05/03/2017
- Resistance on 05/02/2017
- Resistance on 04/27/2017
- Resistance on 04/18/2017
- Resistance on 12/19/2016
- Resistance on 12/09/2016
- Resistance on 12/07/2016
- Resistance on 12/01/2016
- Resistance on 09/09/2016
- Support on 09/06/2016
- Resistance on 09/01/2016
- Resistance on 07/22/2016
- Resistance on 07/21/2016
- Resistance on 07/15/2016
- Resistance on 07/14/2016
- 1.7605
- Support on 12/11/2020
- Support on 11/09/2020
- Support on 11/05/2020
- Support on 11/04/2020
- Support on 11/02/2020
- Support on 10/30/2020
- Support on 10/29/2020
- Resistance on 10/20/2020
- Resistance on 10/19/2020
- Support on 10/12/2020
- Resistance on 10/08/2020
- Resistance on 10/01/2020
- Resistance on 09/30/2020
- Resistance on 09/29/2020
- Resistance on 09/28/2020
- Resistance on 09/18/2020
- Resistance on 09/17/2020
- Resistance on 09/16/2020
- Resistance on 07/21/2020
- Resistance on 07/10/2020
- Resistance on 07/09/2020
- Resistance on 06/16/2020
- Resistance on 06/11/2020
- Resistance on 06/04/2020
- Resistance on 06/03/2020
- Resistance on 06/02/2020
- Resistance on 05/07/2020
- Resistance on 05/06/2020
- Resistance on 05/05/2020
- Resistance on 04/29/2020
- Resistance on 04/28/2020
- Resistance on 04/24/2020
- Support on 04/09/2020
- Support on 04/03/2020
- Support on 03/12/2020
- Resistance on 01/21/2020
- Resistance on 01/17/2020
- Resistance on 01/16/2020
- Support on 01/09/2020
- Support on 01/03/2020
- Resistance on 12/26/2019
- Resistance on 12/23/2019
- Support on 12/19/2019
- Support on 12/02/2019
- Support on 11/29/2019
- Resistance on 11/26/2019
- Resistance on 11/25/2019
- Resistance on 11/22/2019
- Resistance on 11/21/2019
- Resistance on 11/20/2019
- Resistance on 11/19/2019
- Resistance on 11/01/2019
- Resistance on 10/31/2019
- Resistance on 10/24/2019
- Resistance on 10/23/2019
- Resistance on 10/17/2019
- Resistance on 10/16/2019
- Resistance on 04/29/2019
- Resistance on 04/26/2019
- Resistance on 04/24/2019
- Resistance on 04/23/2019
- Support on 04/17/2019
- Support on 04/05/2019
- Support on 04/01/2019
- Support on 03/29/2019
- Support on 03/21/2019
- Support on 03/11/2019
- Support on 02/01/2019
- Support on 01/31/2019
- Resistance on 01/22/2019
- Resistance on 01/18/2019
- Resistance on 01/17/2019
- Resistance on 11/29/2018
- Support on 09/04/2018
- Resistance on 08/28/2018
- Resistance on 08/24/2018
- Resistance on 08/21/2018
- Resistance on 08/14/2018
- Resistance on 09/07/2017
- Resistance on 09/04/2017
- Resistance on 09/01/2017
- Resistance on 08/18/2017
- Support on 06/27/2017
- Resistance on 06/21/2017
- Resistance on 06/14/2017
- Resistance on 06/13/2017
- Resistance on 06/12/2017
- Support on 06/09/2017
- Support on 01/31/2017
- Resistance on 01/19/2017
- Resistance on 01/09/2017
- Support on 01/05/2017
- Support on 11/23/2016
- Resistance on 11/16/2016
- Resistance on 10/03/2016
- Support on 09/27/2016
- Support on 09/22/2016
- Support on 09/21/2016
- Support on 09/20/2016
- Resistance on 08/08/2016
- Resistance on 08/05/2016
- 1.7430
- Support on 10/07/2020
- Resistance on 09/23/2020
- Resistance on 09/22/2020
- Support on 09/21/2020
- Support on 09/14/2020
- Support on 09/11/2020
- Support on 07/17/2020
- Support on 07/16/2020
- Support on 07/15/2020
- Support on 07/13/2020
- Resistance on 07/02/2020
- Support on 06/17/2020
- Support on 06/12/2020
- Resistance on 05/28/2020
- Support on 05/11/2020
- Support on 05/08/2020
- Support on 05/07/2020
- Support on 04/07/2020
- Resistance on 03/26/2020
- Resistance on 03/17/2020
- Support on 11/12/2019
- Support on 10/29/2019
- Support on 10/28/2019
- Support on 10/25/2019
- Support on 10/24/2019
- Support on 10/17/2019
- Support on 10/16/2019
- Resistance on 10/11/2019
- Resistance on 05/30/2019
- Support on 05/22/2019
- Resistance on 02/14/2019
- Support on 02/13/2019
- Support on 02/12/2019
- Support on 02/07/2019
- Support on 01/21/2019
- Resistance on 01/15/2019
- Resistance on 01/14/2019
- Resistance on 12/31/2018
- Resistance on 12/21/2018
- Resistance on 12/10/2018
- Resistance on 12/05/2018
- Support on 08/20/2018
- Support on 08/17/2018
- Support on 08/16/2018
- Support on 08/28/2017
- Support on 08/22/2017
- Resistance on 04/10/2017
- Resistance on 04/04/2017
- Resistance on 03/30/2017
- Support on 02/27/2017
- Resistance on 01/13/2017
- Resistance on 01/12/2017
- Support on 01/10/2017
- Support on 01/09/2017
- Resistance on 11/09/2016
- Resistance on 08/15/2016
- Support on 08/10/2016
- Support on 08/09/2016
- 1.6895
- Support on 03/25/2020
- Resistance on 03/20/2020
- Resistance on 03/19/2020
- Resistance on 10/09/2019
- Support on 09/13/2019
- Support on 09/12/2019
- Support on 09/09/2019
- Support on 09/05/2019
- Resistance on 09/02/2019
- Support on 08/28/2019
- Support on 08/27/2019
- Support on 08/23/2019
- Resistance on 07/29/2019
- Support on 07/18/2019
- Support on 10/31/2016
- Support on 10/28/2016
- Support on 10/26/2016
- Support on 10/25/2016
- Support on 10/18/2016
Click on the level to view price action history. |