Description:
Price is approaching our Pivot point at 1.37157, in line with 78.6% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap. Where we could potentially see a drop from our pivot towards our 1st support level at 1.35916, in line with 78.6% and 161.8% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing low support. Note that price is trending under the Ichimoku cloud, in line with our bearish view.
Pivot: 1.37157
Why we like it:
78.6% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap
1st Support: 1.35916
Why we like it:
161.8% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing low support
1st Resistance: 1.37951
Why we like it:
50% fibonacci retracement, 61.8% fibonacci extension and ichimoku cloud resistance
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1.37157, in line with 78.6% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap. Where we could potentially see a drop from our pivot towards our 1st support level at 1.35916, in line with 78.6% and 161.8% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing low support. Note that price is trending under the Ichimoku cloud, in line with our bearish view.
Pivot: 1.37157
Why we like it:
78.6% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap
1st Support: 1.35916
Why we like it:
161.8% fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing low support
1st Resistance: 1.37951
Why we like it:
50% fibonacci retracement, 61.8% fibonacci extension and ichimoku cloud 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.