Description:
Price has reversed our Pivot point at 1.39304, in line with 76.4%, 61.8% Fibonacci retracement and horizontal graphical overlap. Where we could potentially see a drop from our pivot towards our 1st support level at 1.38178. It is worth noting that price is trending under the moving average, in line with our bearish view.
Pivot: 1.39304
Why we like it:
76.4%, 61.8% Fibonacci retracement and horizontal graphical overlap
1st Support: 1.38178
Why we like it:
-27%, 161.8% Fibonacci retracement, 61.8% fibonacci extension and horizontal swing low.
1st Resistance: 1.40002
Why we like it:
61.8%, 88%, 38.2% Fibonacci retracement and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price has reversed our Pivot point at 1.39304, in line with 76.4%, 61.8% Fibonacci retracement and horizontal graphical overlap. Where we could potentially see a drop from our pivot towards our 1st support level at 1.38178. It is worth noting that price is trending under the moving average, in line with our bearish view.
Pivot: 1.39304
Why we like it:
76.4%, 61.8% Fibonacci retracement and horizontal graphical overlap
1st Support: 1.38178
Why we like it:
-27%, 161.8% Fibonacci retracement, 61.8% fibonacci extension and horizontal swing low.
1st Resistance: 1.40002
Why we like it:
61.8%, 88%, 38.2% Fibonacci retracement and horizontal graphical overlap.
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.