Price is at our pivot level at 1.38187 which is in line with 38.2% Fibonacci retracement level, 127.2% Fibonacci extension level and 200MA. Price could potentially bounce towards resistance at 1.38862 which is in line with 38.2% Fibonacci retracement level and 78.6% Fibonacci extension . Stochastic is also at support where previous bounces occurred.
Alternatively, price may drop to our support at 1.37763, which coincides with -27.2% Fibonacci retracement level, 50% Fibonacci extension level & horizontal overlap support.
Pivot:
1.38187
Why we like it:
38.2% Fibonacci retracement level, 127.2% Fibonacci extension level and 200MA
1st Support:
1.37763
-27.2% Fibonacci retracement level, 50% Fibonacci extension level & horizontal overlap support
1st Resistance:
1.38862
38.2% Fibonacci retracement level and 78.6% Fibonacci extension level
Trading FX & CFDs carries high risk.
Alternatively, price may drop to our support at 1.37763, which coincides with -27.2% Fibonacci retracement level, 50% Fibonacci extension level & horizontal overlap support.
Pivot:
1.38187
Why we like it:
38.2% Fibonacci retracement level, 127.2% Fibonacci extension level and 200MA
1st Support:
1.37763
-27.2% Fibonacci retracement level, 50% Fibonacci extension level & horizontal overlap support
1st Resistance:
1.38862
38.2% Fibonacci retracement level and 78.6% Fibonacci extension level
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.