Description
Price is reacting below our pivot level at 0.92187 which is in line with 61.8% Fibonacci retracement level and horizontal swing high resistance. Price can potentially drop to 1st support at 0.9165, which is in line with 78.6% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our 1st resistance at 0.92516, which coincides with 100% Fibonacci extension level and horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud support.
Pivot:
0.92187
Why we like it:
61.8% Fibonacci retracement level and horizontal swing high resistance
1st Support:
0.91650
Why we like it:
78.6% Fibonacci extension level and horizontal swing low support
1st Resistance:
0.92516
Why we like it:
100% Fibonacci extension level and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 0.92187 which is in line with 61.8% Fibonacci retracement level and horizontal swing high resistance. Price can potentially drop to 1st support at 0.9165, which is in line with 78.6% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our 1st resistance at 0.92516, which coincides with 100% Fibonacci extension level and horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud support.
Pivot:
0.92187
Why we like it:
61.8% Fibonacci retracement level and horizontal swing high resistance
1st Support:
0.91650
Why we like it:
78.6% Fibonacci extension level and horizontal swing low support
1st Resistance:
0.92516
Why we like it:
100% Fibonacci extension level and 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.