Description:
Price has reversed from our Pivot point at 1.36934, in line with 100% Fibonacci extension, ascending trendline resistance and horizontal graphical area. Where we could potentially see a drop from our pivot towards our 1st support level at 1.36379. It is worth noting that price is trending under the ascending trendline resistance, and MACD line is under the 0-line, in line with our bearish view.
Pivot: 1.36464
Why we like it:
100% Fibonacci extension, ascending trendline resistance and horizontal graphical area
1st Support: 1.35842
Why we like it:
50%, 61.8% Fibonacci retracement, 61.8% fibonacci extension and horizontal graphical area.
1st Resistance: 1.37558
Why we like it:
161.8% Fibonacci retracement, 127% Fibonacci extension and horizontal swing high resistance.
Trading FX & CFDs carries high risk.
Price has reversed from our Pivot point at 1.36934, in line with 100% Fibonacci extension, ascending trendline resistance and horizontal graphical area. Where we could potentially see a drop from our pivot towards our 1st support level at 1.36379. It is worth noting that price is trending under the ascending trendline resistance, and MACD line is under the 0-line, in line with our bearish view.
Pivot: 1.36464
Why we like it:
100% Fibonacci extension, ascending trendline resistance and horizontal graphical area
1st Support: 1.35842
Why we like it:
50%, 61.8% Fibonacci retracement, 61.8% fibonacci extension and horizontal graphical area.
1st Resistance: 1.37558
Why we like it:
161.8% Fibonacci retracement, 127% Fibonacci extension 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.