Description
Price is reacting below our pivot level at 0.91849 which is in line with horizontal overlap resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91535, which is in line with horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.91995, which coincides with 78.6% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.91849
Why we like it:
horizontal overlap resistance, 38.2% Fibonacci retracement level
1st Support:
0.91535
Why we like it:
horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support
1st Resistance:
0.91995
Why we like it:
78.6% Fibonacci retracement levelhorizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 0.91849 which is in line with horizontal overlap resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91535, which is in line with horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.91995, which coincides with 78.6% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.91849
Why we like it:
horizontal overlap resistance, 38.2% Fibonacci retracement level
1st Support:
0.91535
Why we like it:
horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support
1st Resistance:
0.91995
Why we like it:
78.6% Fibonacci retracement levelhorizontal 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.