Price is reaction below our pivot level at 1.29135 which is in-line with 127.2% Fibonacci retracement level and 100% Fibonacci extension level. Price could potentially drops towards support at 1.27910 which is in-line with 23.6% Fibonacci retracement level, 61.8% Fibonacci extension and horizontal pullback support. Stochastic is also at resistance where previous drops occurred.
Alternatively, price may swing towards resistance at 1.30455, which coincides with 161.8% Fibonacci retracement level and 127.2% Fibonacci extension level.
Pivot:
1.29135
Why we like it:
127.2% Fibonacci retracement level and 100% Fibonacci extension level
1st Support:
1.27910
23.6% Fibonacci retracement level, 61.8% Fibonacci extension and horizontal pullback support
1st Resistance:
1.30455
161.8% Fibonacci retracement level and 127.2% Fibonacci extension level
Trading FX & CFDs carries high risk.
Alternatively, price may swing towards resistance at 1.30455, which coincides with 161.8% Fibonacci retracement level and 127.2% Fibonacci extension level.
Pivot:
1.29135
Why we like it:
127.2% Fibonacci retracement level and 100% Fibonacci extension level
1st Support:
1.27910
23.6% Fibonacci retracement level, 61.8% Fibonacci extension and horizontal pullback support
1st Resistance:
1.30455
161.8% Fibonacci retracement level and 127.2% 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.