Description:
Price has reversed from our Pivot point at 1.39181, in line with 61.8% fibonacci retracement, 100% fibonacci extension, descending trendline and horizontal graphical resistance. Where we could potentially see a further drop from our pivot towards our 1st support level at 1.38231, in line with 61.8% fibonacci extension and horizontal swing low.
Pivot: 1.39181
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension, descending trendline and horizontal graphical resistance
1st Support: 1.38231
Why we like it:
61.8% fibonacci extension and horizontal swing low
1st Resistance: 1.39567
Why we like it:
88% fibonacci retracement, 127% fibonacci extension and horizontal swing high.
Trading FX & CFDs carries high risk.
Price has reversed from our Pivot point at 1.39181, in line with 61.8% fibonacci retracement, 100% fibonacci extension, descending trendline and horizontal graphical resistance. Where we could potentially see a further drop from our pivot towards our 1st support level at 1.38231, in line with 61.8% fibonacci extension and horizontal swing low.
Pivot: 1.39181
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension, descending trendline and horizontal graphical resistance
1st Support: 1.38231
Why we like it:
61.8% fibonacci extension and horizontal swing low
1st Resistance: 1.39567
Why we like it:
88% fibonacci retracement, 127% fibonacci extension and horizontal swing high.
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.