Euro / Dollar ASPenjualan
#EURUSD approaching pivot, potential for a drop!
Description
Price is reacting below our pivot level at 1.13452 which is in line with horizontal overlap resistance, 61.8% Fibonacci retracement level. Price can potentially take support at 1.12791, which is in line with horizontal swing low support, 78.6% Fibonacci retracement level. Alternatively, price may rise up to our resistance at 1.1363, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
1.13452
Why we like it:
horizontal overlap resistance, 61.8% Fibonacci retracement level
1st Support:
1.12791
Why we like it:
horizontal swing low support, 78.6% Fibonacci retracement level
1st Resistance:
1.13630
Why we like it:
horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 1.13452 which is in line with horizontal overlap resistance, 61.8% Fibonacci retracement level. Price can potentially take support at 1.12791, which is in line with horizontal swing low support, 78.6% Fibonacci retracement level. Alternatively, price may rise up to our resistance at 1.1363, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
1.13452
Why we like it:
horizontal overlap resistance, 61.8% Fibonacci retracement level
1st Support:
1.12791
Why we like it:
horizontal swing low support, 78.6% Fibonacci retracement level
1st Resistance:
1.13630
Why we like it:
horizontal swing high resistance
Trading FX & CFDs carries high risk.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.