Description:
Price has reversed from our Pivot point at 1.35363, in line with 61.8% Fibonacci retracement, 78.6%, 78.6% Fibonacci extension and horizontal graphical area. Where we could potentially see a drop towards our 1st support level at 1.34601. It is worth noting that price is trending under the moving average and Ichimoku cloud resistance, in line with our bearish view.
Pivot: 1.35363
Why we like it:
61.8% Fibonacci retracement, 78.6%, 78.6% Fibonacci extension and horizontal graphical area
1st Support: 1.34601
Why we like it:
-61.8% Fibonacci retracement, 127% Fibonacci extension and horizontal swing lowl support area.
1st Resistance: 1.35988
Why we like it:
38.2%, 78.6% Fibonacci retracement and horizontal swing high resistance.
Trading FX & CFDs carries high risk.
Price has reversed from our Pivot point at 1.35363, in line with 61.8% Fibonacci retracement, 78.6%, 78.6% Fibonacci extension and horizontal graphical area. Where we could potentially see a drop towards our 1st support level at 1.34601. It is worth noting that price is trending under the moving average and Ichimoku cloud resistance, in line with our bearish view.
Pivot: 1.35363
Why we like it:
61.8% Fibonacci retracement, 78.6%, 78.6% Fibonacci extension and horizontal graphical area
1st Support: 1.34601
Why we like it:
-61.8% Fibonacci retracement, 127% Fibonacci extension and horizontal swing lowl support area.
1st Resistance: 1.35988
Why we like it:
38.2%, 78.6% Fibonacci retracement and 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.