Price is approaching and likely to breakout of strong pivot level of 0.71422. This level coincides with 78.6% Fibonacci extension level, 23.6% Fibonacci retracement level & horizontal overlap support. A break and close above this level could see price swing towards 1st resistance at 0.72115. This level is strengthened by 38.2% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap support. Finally, we can expect price to take support at 0.70954, which coincides with 38.2% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap support . This is further supported by how price is now holding above the Ichimoku cloud support.
Pivot:
0.71422
Why we like it:
78.6% Fibonacci extension level, 23.6% Fibonacci retracement level & horizontal overlap support
1st Support:
0.70954
Why we like it:
38.2% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap support
1st Resistance:
0.72115
Why we like it:
127.2% Fibonacci extension level & horizontal overlap resistance
Trading FX & CFDs carries high risk.
Pivot:
0.71422
Why we like it:
78.6% Fibonacci extension level, 23.6% Fibonacci retracement level & horizontal overlap support
1st Support:
0.70954
Why we like it:
38.2% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap support
1st Resistance:
0.72115
Why we like it:
127.2% Fibonacci extension level & horizontal overlap 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.