Description
Price is reacting below our pivot level at 0.91564 which is in line with 50.0% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.91111, which is in line with 127.2% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91808, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.91564
Why we like it:
50.0% Fibonacci retracement level and horizontal overlap resistance
1st Support:
0.91111
Why we like it:
127.2% Fibonacci extension level and horizontal swing low support
1st Resistance:
0.91808
Why we like it:
horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 0.91564 which is in line with 50.0% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.91111, which is in line with 127.2% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91808, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.91564
Why we like it:
50.0% Fibonacci retracement level and horizontal overlap resistance
1st Support:
0.91111
Why we like it:
127.2% Fibonacci extension level and horizontal swing low support
1st Resistance:
0.91808
Why we like it:
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.