Description
Price has bounced from our Pivot point at 0.92453, which is in line with 78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.93246, in line with 38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline resistance. It is worth noting that price has broken the ascending trendline and may show a short-term pullback towards it.
Pivot: 0.92453
Why we like it:
78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low
1st Support: 0.92046
Why we like it:
161.8% fibonacci retracement, 161.8% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.93246
Why we like it:
38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline resistance
Trading FX & CFDs carries high risk.
Price has bounced from our Pivot point at 0.92453, which is in line with 78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.93246, in line with 38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline resistance. It is worth noting that price has broken the ascending trendline and may show a short-term pullback towards it.
Pivot: 0.92453
Why we like it:
78.6% fibonacci retracement, 127% fibonacci extension and horizontal swing low
1st Support: 0.92046
Why we like it:
161.8% fibonacci retracement, 161.8% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.93246
Why we like it:
38.2%, 127%, -61.8% fibonacci retracement, 88% fibonacci extension and ascending trendline 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.