Description
Price is reacting below our pivot level at 0.92136 which is in line with 61.8% Fibonacci retracement level, 76.4% Fibonacci extension level & horizontal swing high resistance. Price can potentially take support at 0.90607, which is in line with 61.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.93087, which coincides with 127.2% Fibonacci retracement level & 161.8% Fibonacci extension level . This is further supported by how price is likely to reverse off the Stochastic resistance level.
Pivot:
0.92136
Why we like it:
61.8% Fibonacci retracement level, 76.4% Fibonacci extension level & horizontal swing high resistance
1st Support:
0.90607
61.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap support
1st Resistance:
0.93087
127.2% Fibonacci retracement level & 161.8% Fibonacci extension level
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 0.92136 which is in line with 61.8% Fibonacci retracement level, 76.4% Fibonacci extension level & horizontal swing high resistance. Price can potentially take support at 0.90607, which is in line with 61.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.93087, which coincides with 127.2% Fibonacci retracement level & 161.8% Fibonacci extension level . This is further supported by how price is likely to reverse off the Stochastic resistance level.
Pivot:
0.92136
Why we like it:
61.8% Fibonacci retracement level, 76.4% Fibonacci extension level & horizontal swing high resistance
1st Support:
0.90607
61.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal overlap support
1st Resistance:
0.93087
127.2% Fibonacci retracement level & 161.8% Fibonacci extension level
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.