Description
Price is reacting below our pivot level at 109.964 which is in line with 88% Fibonacci retracement level, 161.8% Fibonacci extension level horizontal overlap resistance. Price can potentially take support at 109.244, which is in line with 78.6% Fibonacci retracement level & horizontal swing low support. Alternatively, price may rise up to our resistance at 110.538, which coincides with 61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance . This is further supported by price trending under the broken ascending trendline
Pivot:
109.964
Why we like it:
88% Fibonacci retracement level, 161.8% Fibonacci extension levelhorizontal overlap resistance
1st Support:
109.244
78.6% Fibonacci retracement level & horizontal swing low support
1st Resistance:
110.538
61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 109.964 which is in line with 88% Fibonacci retracement level, 161.8% Fibonacci extension level horizontal overlap resistance. Price can potentially take support at 109.244, which is in line with 78.6% Fibonacci retracement level & horizontal swing low support. Alternatively, price may rise up to our resistance at 110.538, which coincides with 61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance . This is further supported by price trending under the broken ascending trendline
Pivot:
109.964
Why we like it:
88% Fibonacci retracement level, 161.8% Fibonacci extension levelhorizontal overlap resistance
1st Support:
109.244
78.6% Fibonacci retracement level & horizontal swing low support
1st Resistance:
110.538
61.8% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance
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.