Dollar A.S. / Franc SwissPenjualan
#USDCHF approaching pivot, potential for a drop!
Description
Price is reacting below our pivot level at 0.91564 which is in line with 50.0% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.91111, which is in line with 127.2% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91808, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.91564
Why we like it:
50.0% Fibonacci retracement level and horizontal overlap resistance
1st Support:
0.91111
Why we like it:
127.2% Fibonacci extension level and horizontal swing low support
1st Resistance:
0.91808
Why we like it:
horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 0.91564 which is in line with 50.0% Fibonacci retracement level and horizontal overlap resistance. Price can potentially take support at 0.91111, which is in line with 127.2% Fibonacci extension level and horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91808, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance.
Pivot:
0.91564
Why we like it:
50.0% Fibonacci retracement level and horizontal overlap resistance
1st Support:
0.91111
Why we like it:
127.2% Fibonacci extension level and horizontal swing low support
1st Resistance:
0.91808
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.