Description
Price is approaching pivot level of 0.71054, which is in line with 61.8% Fibonacci retracement level & horizontal swing low support. A reversal from this level may see price take resistance at price 0.71726. This level coincides with 38.2% Fibonacci retracement levelhorizontal overlap support. Finally, we can expect price to take support at 0.70648127.2% Fibonacci extension levelhorizontal swing low support . This is further supported by how price is likely to bounce off the Stochastic support level .
Pivot:
0.71054
Why we like it:
61.8% Fibonacci retracement level & horizontal swing low support
1st Support:
0.70648
Why we like it:
127.2% Fibonacci extension levelhorizontal swing low support
1st Resistance:
0.71726
Why we like it:
38.2% Fibonacci retracement levelhorizontal overlap support
Trading FX & CFDs carries high risk.
Price is approaching pivot level of 0.71054, which is in line with 61.8% Fibonacci retracement level & horizontal swing low support. A reversal from this level may see price take resistance at price 0.71726. This level coincides with 38.2% Fibonacci retracement levelhorizontal overlap support. Finally, we can expect price to take support at 0.70648127.2% Fibonacci extension levelhorizontal swing low support . This is further supported by how price is likely to bounce off the Stochastic support level .
Pivot:
0.71054
Why we like it:
61.8% Fibonacci retracement level & horizontal swing low support
1st Support:
0.70648
Why we like it:
127.2% Fibonacci extension levelhorizontal swing low support
1st Resistance:
0.71726
Why we like it:
38.2% Fibonacci retracement levelhorizontal overlap support
Trading FX & CFDs carries high risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.