Price is looking to retrace back to pivot level at 0.91590 which is in-line with 38.2% Fibonacci retracement and moving averages resistance. Prices may potentially face bearish pressure from pivot and drop to support at 0.90461 which is in-line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension and ascending trendline support.
Alternatively, price may continue to bounce above our support level to resistance at 0.92477, which coincides with 100% Fibonacci retracement level and 61.8% Fibonacci extension level.
Pivot:
0.91590
Why we like it:
38.2% Fibonacci retracement and moving averages resistancestance
1st Support:
0.90461
Why we like it:
78.6% Fibonacci retracement, 78.6% Fibonacci extension and ascending trendline support
1st Resistance:
0.92477
Why we like it:
100% Fibonacci retracement level and 61.8% Fibonacci extension level
Trading FX & CFDs carries high risk.
Alternatively, price may continue to bounce above our support level to resistance at 0.92477, which coincides with 100% Fibonacci retracement level and 61.8% Fibonacci extension level.
Pivot:
0.91590
Why we like it:
38.2% Fibonacci retracement and moving averages resistancestance
1st Support:
0.90461
Why we like it:
78.6% Fibonacci retracement, 78.6% Fibonacci extension and ascending trendline support
1st Resistance:
0.92477
Why we like it:
100% Fibonacci retracement level and 61.8% 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.