Price is approaching pivot level of 1.36074 where we have 38.2% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal pullback support lining up. A reversal from this level might see price take support at 1.34287, which is in line with 127.2% Fibonacci extension levelhorizontal swing low support. Finally, price is unlikely to surpass our strong resistance at 1.39813, which coincides with 50.0% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal overlap support . This is further supported by how price is holding below the EMA
Pivot:
1.36074
Why we like it:
38.2% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal pullback support
1st Support:
1.34287
Why we like it:
127.2% Fibonacci extension levelhorizontal swing low support
1st Resistance:
1.39813
Why we like it:
50.0% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal overlap support
Trading FX & CFDs carries high risk.
Pivot:
1.36074
Why we like it:
38.2% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal pullback support
1st Support:
1.34287
Why we like it:
127.2% Fibonacci extension levelhorizontal swing low support
1st Resistance:
1.39813
Why we like it:
50.0% Fibonacci extension level, 61.8% Fibonacci retracement 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.