Description:
Price is testing our Pivot point of 0.70669, which is in line with 38.2% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap. A potential drop from here towards our first support level of 0.70161, in line with 88% Fibonacci retracement and horizontal swing low is possible. It is worth noting that price is trending under EMA (89) in line with our bullish momentum.
Pivot: 0.70669
Why we like it:
38.2% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap
1st Support: 0.70161
Why we like it:
88% Fibonacci retracement and horizontal swing low
1st Resistance: 0.71071
Why we like it:
88% Fibonacci extension, 61.8% fibonacci retracement and horizontal swing high
Trading FX & CFDs carries high risk.
Price is testing our Pivot point of 0.70669, which is in line with 38.2% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap. A potential drop from here towards our first support level of 0.70161, in line with 88% Fibonacci retracement and horizontal swing low is possible. It is worth noting that price is trending under EMA (89) in line with our bullish momentum.
Pivot: 0.70669
Why we like it:
38.2% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap
1st Support: 0.70161
Why we like it:
88% Fibonacci retracement and horizontal swing low
1st Resistance: 0.71071
Why we like it:
88% Fibonacci extension, 61.8% fibonacci retracement and horizontal swing high
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.