Description
Price is approaching pivot level of 0.90607, which is in line with 127.2% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal pullback support. A reversal from this level may see price take resistance at price 0.92136. This level coincides with 61.8% Fibonacci retracement level & 76.4% Fibonacci extension level. Finally, we can expect price to take support at 0.8928961.8% Fibonacci retracement level & horizontal swing low support . This is further supported by how price is likely to bounce off the Stochastic support level .
Pivot:
0.90607
Why we like it:
127.2% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal pullback support
1st Support:
0.89289
61.8% Fibonacci retracement level & horizontal swing low support
1st Resistance:
0.92136
61.8% Fibonacci retracement level & 76.4% Fibonacci extension level
Trading FX & CFDs carries high risk.
Price is approaching pivot level of 0.90607, which is in line with 127.2% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal pullback support. A reversal from this level may see price take resistance at price 0.92136. This level coincides with 61.8% Fibonacci retracement level & 76.4% Fibonacci extension level. Finally, we can expect price to take support at 0.8928961.8% Fibonacci retracement level & horizontal swing low support . This is further supported by how price is likely to bounce off the Stochastic support level .
Pivot:
0.90607
Why we like it:
127.2% Fibonacci extension level, 61.8% Fibonacci retracement level & horizontal pullback support
1st Support:
0.89289
61.8% Fibonacci retracement level & horizontal swing low support
1st Resistance:
0.92136
61.8% Fibonacci retracement level & 76.4% 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.