Description
Price is approaching our Pivot of 110.819 which is in line with -27% fibonacci retracement, 100%, 161.8% fibonacci extension, where we could see a rise from this level to our 1st resistance level of 111.453 in line with -61.8% fibonacci retracement and 161.8% fibonacci extension. It is worth noting that stochastic is showing resistance at 94% where price has dropped, in line with our bearish analysis.
Pivot: 110.819
Why we like it:
-27% fibonacci retracement, 100%, 161.8% fibonacci extension
1st Support: 109.296
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension and horizontal graphical overlap
1st Resistance: 110.091
Why we like it:
78.6%, 88.6% fibonacci retracement and 88.6% fibonacci extension
Trading FX & CFDs carries high risk.
Price is approaching our Pivot of 110.819 which is in line with -27% fibonacci retracement, 100%, 161.8% fibonacci extension, where we could see a rise from this level to our 1st resistance level of 111.453 in line with -61.8% fibonacci retracement and 161.8% fibonacci extension. It is worth noting that stochastic is showing resistance at 94% where price has dropped, in line with our bearish analysis.
Pivot: 110.819
Why we like it:
-27% fibonacci retracement, 100%, 161.8% fibonacci extension
1st Support: 109.296
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension and horizontal graphical overlap
1st Resistance: 110.091
Why we like it:
78.6%, 88.6% fibonacci retracement and 88.6% fibonacci extension
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.