Price is consolidating above pivot level at 1,788.00, in-line with 50% Fibonacci retracement level, 161.8% Fibonacci extension level and horizontal overlap resistance. The price could potentially drop towards support at 1,720.30, in-line with 100% Fibonacci retracement level, 161.8% Fibonacci extension level and swing low support. Stochastic is also at resistance where previous drops occurred
Alternatively, price may swing towards resistance at 1799.00 , in-line with 61.8% Fibonacci retracement level and 200% Fibonacci extension level.
Pivot:
1,788.00
Why we like it:
50% Fibonacci retracement level, 161.8% Fibonacci extension level and horizontal overlap resistance
1st Support:
1,720.30
100% Fibonacci retracement level, 161.8% Fibonacci extension level and swing low support
1st Resistance:
1799.00
61.8% Fibonacci retracement level and 200% Fibonacci extension level
Trading FX & CFDs carries high risk
Alternatively, price may swing towards resistance at 1799.00 , in-line with 61.8% Fibonacci retracement level and 200% Fibonacci extension level.
Pivot:
1,788.00
Why we like it:
50% Fibonacci retracement level, 161.8% Fibonacci extension level and horizontal overlap resistance
1st Support:
1,720.30
100% Fibonacci retracement level, 161.8% Fibonacci extension level and swing low support
1st Resistance:
1799.00
61.8% Fibonacci retracement level and 200% Fibonacci extension level
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.