Description
Price has broken above our pivot level at 0.92381 which is in line with 38.2% Fibonacci extension level horizontal swing high resistance . We could potentially see a further rise from here towards 0.93453, which coincides with 78.6% Fibonacci extension level & horizontal swing high resistance. Finally, we can expect price to take support at 0.91416, which coincides with 38.2% Fibonacci retracement level & 78.6% Fibonacci extension level. This is further supported by how price is now holding above the EMA .
Pivot:
0.92381
Why we like it:
38.2% Fibonacci extension level & horizontal swing high resistance
1st Support:
0.91416
38.2% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal swing low support
1st Resistance:
0.93453
78.6% Fibonacci extension level & horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price has broken above our pivot level at 0.92381 which is in line with 38.2% Fibonacci extension level horizontal swing high resistance . We could potentially see a further rise from here towards 0.93453, which coincides with 78.6% Fibonacci extension level & horizontal swing high resistance. Finally, we can expect price to take support at 0.91416, which coincides with 38.2% Fibonacci retracement level & 78.6% Fibonacci extension level. This is further supported by how price is now holding above the EMA .
Pivot:
0.92381
Why we like it:
38.2% Fibonacci extension level & horizontal swing high resistance
1st Support:
0.91416
38.2% Fibonacci retracement level, 78.6% Fibonacci extension level & horizontal swing low support
1st Resistance:
0.93453
78.6% Fibonacci extension level & horizontal swing high 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.