Price is approaching pivot level of 1.36727 where we have 50.0% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal overlap support lining up. A reversal from this level might see price take support at 1.34217, which is in line with 161.8% Fibonacci retracement levelhorizontal swing low support. Finally, price is unlikely to surpass our strong resistance at 1.37346, which coincides with 61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap support . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
1.36727
Why we like it:
50.0% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal overlap support
1st Support:
1.34217
Why we like it:
161.8% Fibonacci retracement levelhorizontal swing low support
1st Resistance:
1.37346
Why we like it:
61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap support
Trading FX & CFDs carries high risk.
Pivot:
1.36727
Why we like it:
50.0% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal overlap support
1st Support:
1.34217
Why we like it:
161.8% Fibonacci retracement levelhorizontal swing low support
1st Resistance:
1.37346
Why we like it:
61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap support
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.