Dollar A.S. / Dollar KanadaPenjualan
USDCAD, H4 has broken beneath our Pivot, potential for a drop.
Description:
Price has broken beneath our Pivot point at 1.23000, which is in line with 61.8% fibonacci retracement and 100% fibonacci extension. We could potentially see price drop here towards our 1st support level at 1.22242, in line with -27% fibonacci retracement and 61.8% fibonacci extension. It is worth noting that price is under the descending trendline, in line with our bearish analysis.
Pivot: 1.23000
Why we like it:
61.8% fibonacci retracement and 100% fibonacci extension
1st Support: 1.22242
Why we like it:
-27% fibonacci retracement and 61.8% fibonacci extension
1st Resistance: 1.23423
Why we like it:
50%, 127% fibonacci retracement and descending trendline resistance.
Trading FX & CFDs carries high risk.
Price has broken beneath our Pivot point at 1.23000, which is in line with 61.8% fibonacci retracement and 100% fibonacci extension. We could potentially see price drop here towards our 1st support level at 1.22242, in line with -27% fibonacci retracement and 61.8% fibonacci extension. It is worth noting that price is under the descending trendline, in line with our bearish analysis.
Pivot: 1.23000
Why we like it:
61.8% fibonacci retracement and 100% fibonacci extension
1st Support: 1.22242
Why we like it:
-27% fibonacci retracement and 61.8% fibonacci extension
1st Resistance: 1.23423
Why we like it:
50%, 127% fibonacci retracement and descending trendline 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.