Price is reacting below our pivot level at 1795.12 which is in line with 61.8% Fibonacci retracement level & horizontal swing high resistance. Price can potentially take support at 1773.75, which is in line with 78.6% Fibonacci retracement level, 61.8% Fibonacci extension level & horizontal swing low support. Alternatively, price may rise up to our resistance at 1803.98, which coincides with 61.8% Fibonacci extension level, 78.6% Fibonacci retracement level & horizontal swing high resistance . This is further supported by how price is now holding above the Ichimoku cloud support.
Pivot:
1,795.12000
Why we like it:
61.8% Fibonacci retracement level & horizontal swing high resistance
1st Support:
1,773.75000
Why we like it:
78.6% Fibonacci retracement level, 61.8% Fibonacci extension level & horizontal swing low support
1st Resistance:
1,803.98
Why we like it:
61.8% Fibonacci extension level, 78.6% Fibonacci retracement level & horizontal swing high resistance
Trading FX & CFDs carries high risk.
Pivot:
1,795.12000
Why we like it:
61.8% Fibonacci retracement level & horizontal swing high resistance
1st Support:
1,773.75000
Why we like it:
78.6% Fibonacci retracement level, 61.8% Fibonacci extension level & horizontal swing low support
1st Resistance:
1,803.98
Why we like it:
61.8% Fibonacci extension level, 78.6% Fibonacci retracement level & 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.