Description:
Price is under our Pivot point at 1.25426, which is in line with 38.2%, 23.8% Fibonacci retracement and 61.8% fibonacci extension. We could potentially see price drop towards our 1st support level at 1.24854, a fibonacci confluence. It is worth noting that price is trending under the moving average, in line with our bearish analysis.
Pivot: 1.25426
Why we like it:
38.2%, 23.8% Fibonacci retracement and 61.8% fibonacci extension
1st Support: 1.24854
Why we like it:
-27% Fibonacci retracement and 127% fibonacci extension
1st Resistance: 1.27460
Why we like it:
50% and 78.6% Fibonacci retracement.
Trading FX & CFDs carries high risk.
Price is under our Pivot point at 1.25426, which is in line with 38.2%, 23.8% Fibonacci retracement and 61.8% fibonacci extension. We could potentially see price drop towards our 1st support level at 1.24854, a fibonacci confluence. It is worth noting that price is trending under the moving average, in line with our bearish analysis.
Pivot: 1.25426
Why we like it:
38.2%, 23.8% Fibonacci retracement and 61.8% fibonacci extension
1st Support: 1.24854
Why we like it:
-27% Fibonacci retracement and 127% fibonacci extension
1st Resistance: 1.27460
Why we like it:
50% and 78.6% Fibonacci retracement.
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.