Price is reacting below our pivot level at 1794.49 which is in line with 38.2% Fibonacci retracement level, 50.0% Fibonacci extension levelhorizontal overlap support. Price can potentially take support at 1755.94, which is in line with , 127.2% Fibonacci extension level & horizontal swing low support. Alternatively, price may rise up to our resistance at 1853.74, which coincides with 61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance . This is further supported by how price is now holding above the Ichimoku cloud support.
Pivot:
1,794.49
Why we like it:
38.2% Fibonacci retracement level, 50.0% Fibonacci extension levelhorizontal overlap support
1st Support:
1,755.94
, 127.2% Fibonacci extension level & horizontal swing low support
1st Resistance:
1,853.74
61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance
Trading FX & CFDs carries high risk.
Pivot:
1,794.49
Why we like it:
38.2% Fibonacci retracement level, 50.0% Fibonacci extension levelhorizontal overlap support
1st Support:
1,755.94
, 127.2% Fibonacci extension level & horizontal swing low support
1st Resistance:
1,853.74
61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap 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.