ASX is approaching its resistance at 5804 (76.4^ Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap resistance) where price could potentially react off it and fall to its 1st support at 5760 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support). If it breaks past this level, it could trigger a bearish acceleration where price may drop to its 2nd support at 5688 (horizontal swing low support). We have also identified another resistance at 5842 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reaction could happen. We have also identified a bearish divergence with price which contributes to our bearish bias.
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reaction could happen. We have also identified a bearish divergence with price which contributes to our bearish bias.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.