Description
Price is testing our Pivot point at 0.88760, which is in line with our 61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 0.88340, in line with 61.8% fibonacci extension and 78.6% fibonacci retracement. It is worth noting that price is trending under the EMA (55) and descending trendline.
Pivot: 0.88760
Why we like it:
61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.88340
Why we like it:
61.8% fibonacci extension and 78.6% fibonacci retracement.
1st Resistance: 0.88908
Why we like it:
100% Fibonacci extension, 78.6% Fibonacci retracement and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
Price is testing our Pivot point at 0.88760, which is in line with our 61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 0.88340, in line with 61.8% fibonacci extension and 78.6% fibonacci retracement. It is worth noting that price is trending under the EMA (55) and descending trendline.
Pivot: 0.88760
Why we like it:
61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.88340
Why we like it:
61.8% fibonacci extension and 78.6% fibonacci retracement.
1st Resistance: 0.88908
Why we like it:
100% Fibonacci extension, 78.6% Fibonacci retracement and horizontal graphical 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.