Description:
Price holding below moving average and with MACD indicator below 0, room for further bearish downside is possible. We see a medium probability bearish scenario below our pivot at 1.29413 with 1st support at 1.29074 as a possible target. Otherwise, should price fail to hold below our Pivot, we could see price swing the other way towards our 1st resistance at 1.29586
Pivot: 1.29497
Supporting Points:
61.8% Fibonacci retracement, 78.6% Fibonacci extension, Moving average resistance
1st Support: 1.29074
Supporting Points:
Graphical swing low
1st Resistance: 1.29814
Supporting Points:
127.2%% Fibonacci extension
Trading FX & CFDs carries high risk.
Price holding below moving average and with MACD indicator below 0, room for further bearish downside is possible. We see a medium probability bearish scenario below our pivot at 1.29413 with 1st support at 1.29074 as a possible target. Otherwise, should price fail to hold below our Pivot, we could see price swing the other way towards our 1st resistance at 1.29586
Pivot: 1.29497
Supporting Points:
61.8% Fibonacci retracement, 78.6% Fibonacci extension, Moving average resistance
1st Support: 1.29074
Supporting Points:
Graphical swing low
1st Resistance: 1.29814
Supporting Points:
127.2%% Fibonacci extension
Trading FX & CFDs carries high risk.
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.
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.