Description
Price has broken above our pivot level at 0.92243 which is in line with 38.2% Fibonacci retracement level and horizontal overlap support . We could potentially see a further rise from here towards 0.92802, which coincides with 100% Fibonacci projection level and horizontal swing high resistance. Finally, we can expect price to take support at 0.91741, which coincides with 61.8% Fibonacci projection level and horizontal swing low support . This is further supported by how price is now holding above the Ichimoku cloud support.
Pivot:
0.92243
Why we like it:
38.2% Fibonacci retracement level and horizontal overlap support
1st Support:
0.91741
61.8% Fibonacci projection level and horizontal swing low support
1st Resistance:
0.92802
100% Fibonacci projection level and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price has broken above our pivot level at 0.92243 which is in line with 38.2% Fibonacci retracement level and horizontal overlap support . We could potentially see a further rise from here towards 0.92802, which coincides with 100% Fibonacci projection level and horizontal swing high resistance. Finally, we can expect price to take support at 0.91741, which coincides with 61.8% Fibonacci projection level and horizontal swing low support . This is further supported by how price is now holding above the Ichimoku cloud support.
Pivot:
0.92243
Why we like it:
38.2% Fibonacci retracement level and horizontal overlap support
1st Support:
0.91741
61.8% Fibonacci projection level and horizontal swing low support
1st Resistance:
0.92802
100% Fibonacci projection 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.