Description
Price is approaching our Pivot point of 0.75928, which is in line with our 78.6%, -27% Fibonacci retracement and horizontal graphical resistance, where we could see a potential drop from this level to our first support level of 0.75549, in line with 50% fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap. It is noteworthy that price is trending under a tentative descending trendline, in line with our bearish view.
Pivot: 0.75928
Why we like it:
78.6%, -27% Fibonacci retracement and horizontal graphical resistance
1st Support: 0.75549
Why we like it:
50% fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap
1st Resistance: 0.76256
Why we like it:
78.6% Fibonacci extension and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point of 0.75928, which is in line with our 78.6%, -27% Fibonacci retracement and horizontal graphical resistance, where we could see a potential drop from this level to our first support level of 0.75549, in line with 50% fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap. It is noteworthy that price is trending under a tentative descending trendline, in line with our bearish view.
Pivot: 0.75928
Why we like it:
78.6%, -27% Fibonacci retracement and horizontal graphical resistance
1st Support: 0.75549
Why we like it:
50% fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap
1st Resistance: 0.76256
Why we like it:
78.6% Fibonacci extension and horizontal graphical resistance.
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.