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where possible end of the increase impulse on the level 1,69864 is also the resistance from the August 2009
I do not see more far falls without one more attack on the last top
Support is at 1.37910, a break below would open the way to 1.37111. Resistance is at 1,38669 ahead of 1.38949.
The important resistance focus is at 1,38550. A break above this would
extend the uptrend to 1,38949. Support is at 1,37925.
The immediate risk is for a short-term recovery to unwind the overextended selloff.
Resistance is at 79,845 ahead of 80,650. There is strong support at 79,140-78,850.
Initial resistance is at 1.6260. A break through which would open the way to the
critical 1.59533. Support is at 1.57179.
With bullish trend in place, the next major resistance focus is at 1.38225. There’s
scope for a setback to unwind the overextended upside conditions from here,
with support at 1.36371 ahead of 1.33933.
I see end of wave 5,A,I
As the bear trend persists, indicated by the trending and momentum indicators
pointing lower, focus is on further downside. Key resistance is at 82,050. Support
is at 81.325 ahead of 80,700.
time to say goodbay L position
1,31745 is the end of wave A,I,5
if the support holds