Description
Price is reacting below our pivot level at 1.23807 which is in line with 50.0% Fibonacci retracement level & horizontal swing low support. Price can potentially take support at 1.2305, which is in line with 127.2% Fibonacci extension level horizontal swing high resistance. Alternatively, price may rise up to our resistance at 1.24037, which coincides with 78.6% Fibonacci retracement level horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
1.23807
Why we like it:
50.0% Fibonacci retracement level & horizontal swing low support
1st Support:
1.23050
Why we like it:
127.2% Fibonacci extension level horizontal swing high resistance
1st Resistance:
1.24037
Why we like it:
78.6% Fibonacci retracement level horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 1.23807 which is in line with 50.0% Fibonacci retracement level & horizontal swing low support. Price can potentially take support at 1.2305, which is in line with 127.2% Fibonacci extension level horizontal swing high resistance. Alternatively, price may rise up to our resistance at 1.24037, which coincides with 78.6% Fibonacci retracement level horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
1.23807
Why we like it:
50.0% Fibonacci retracement level & horizontal swing low support
1st Support:
1.23050
Why we like it:
127.2% Fibonacci extension level horizontal swing high resistance
1st Resistance:
1.24037
Why we like it:
78.6% Fibonacci retracement level 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.