Price is reacting at our pivot level at 0.69630 which is in line with 61.8% Fibonacci retracement level, 161.8% Fibonacci extension level and 200MA. Price could potentially drop to support at 0.68940 which coincides with 50% Fibonacci retracement level and 61.8% Fibonacci extension level. Stochastic is also at resistance level where previous drops occurred.
Alternatively, price could potentially swing towards resistance at 0.69960, which coincides with 78.6% Fibonacci retracement level and 200% Fibonacci extension level.
Pivot:
0.69630
Why we like it:
61.8% Fibonacci retracement level, 161.8% Fibonacci extension level and 200MA
1st Support:
0.68940
50% Fibonacci retracement level and 61.8% Fibonacci extension level
1st Resistance:
0.69960
78.6% Fibonacci retracement level and 200% Fibonacci extension level
Trading FX & CFDs carries high risk.
Alternatively, price could potentially swing towards resistance at 0.69960, which coincides with 78.6% Fibonacci retracement level and 200% Fibonacci extension level.
Pivot:
0.69630
Why we like it:
61.8% Fibonacci retracement level, 161.8% Fibonacci extension level and 200MA
1st Support:
0.68940
50% Fibonacci retracement level and 61.8% Fibonacci extension level
1st Resistance:
0.69960
78.6% Fibonacci retracement level and 200% Fibonacci extension level
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.