Price is reacting below our pivot level at 1.34253 which is in line with 61.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap support. Price can potentially take support at 1.33543, which is in line with 61.8% Fibonacci extension level & horizontal swing low support. Alternatively, price may rise up to our resistance at 1.35062, which coincides with 78.6% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
1.34253
Why we like it:
61.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap support
1st Support:
1.33543
Why we like it:
61.8% Fibonacci extension level & horizontal swing low support
1st Resistance:
1.35062
Why we like it:
78.6% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal swing high resistance
Trading FX & CFDs carries high risk.
Pivot:
1.34253
Why we like it:
61.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap support
1st Support:
1.33543
Why we like it:
61.8% Fibonacci extension level & horizontal swing low support
1st Resistance:
1.35062
Why we like it:
78.6% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal swing high 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.