Description
Price is approaching pivot level of 0.92683 where we have 61.8% Fibonacci retracement level & horizontal overlap resistance lining up. A reversal from this level might see price take support at 0.91998, which is in line with horizontal overlap support, 127.2% Fibonacci extension level. Finally, price is unlikely to surpass our strong resistance at 0.92892, which coincides with 78.6% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.92683
Why we like it:
61.8% Fibonacci retracement level & horizontal overlap resistance
1st Support:
0.91998
Why we like it:
horizontal overlap support, 127.2% Fibonacci extension level
1st Resistance:
0.92892
Why we like it:
78.6% Fibonacci retracement levelhorizontal overlap resistance
Trading FX & CFDs carries high risk.
Price is approaching pivot level of 0.92683 where we have 61.8% Fibonacci retracement level & horizontal overlap resistance lining up. A reversal from this level might see price take support at 0.91998, which is in line with horizontal overlap support, 127.2% Fibonacci extension level. Finally, price is unlikely to surpass our strong resistance at 0.92892, which coincides with 78.6% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.92683
Why we like it:
61.8% Fibonacci retracement level & horizontal overlap resistance
1st Support:
0.91998
Why we like it:
horizontal overlap support, 127.2% Fibonacci extension level
1st Resistance:
0.92892
Why we like it:
78.6% Fibonacci retracement levelhorizontal overlap 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.