Dollar A.S. / Franc SwissPenjualan
#USDCHF approaching pivot, potential for a drop!
Description
Price is reacting below our pivot level at 0.92869 which is in line with 50.0% Fibonacci retracement levelhorizontal pullback resistance. Price can potentially take support at 0.92322, which is in line with horizontal swing low support, 127.2% Fibonacci extension level. Alternatively, price may rise up to our resistance at 0.93024, which coincides with 50.0% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding above the Ichimoku cloud support.
Pivot:
0.92869
Why we like it:
50.0% Fibonacci retracement levelhorizontal pullback resistance
1st Support:
0.92322
Why we like it:
horizontal swing low support, 127.2% Fibonacci extension level
1st Resistance:
0.93024
Why we like it:
50.0% Fibonacci retracement levelhorizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 0.92869 which is in line with 50.0% Fibonacci retracement levelhorizontal pullback resistance. Price can potentially take support at 0.92322, which is in line with horizontal swing low support, 127.2% Fibonacci extension level. Alternatively, price may rise up to our resistance at 0.93024, which coincides with 50.0% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding above the Ichimoku cloud support.
Pivot:
0.92869
Why we like it:
50.0% Fibonacci retracement levelhorizontal pullback resistance
1st Support:
0.92322
Why we like it:
horizontal swing low support, 127.2% Fibonacci extension level
1st Resistance:
0.93024
Why we like it:
50.0% Fibonacci retracement levelhorizontal 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.