Dollar A.S. / Yen JepangPenjualan
USDJPY, H4 is approaching our Pivot point, potential for a drop
Description
Price is under our Pivot of 108.309 which is in line with 61.8% fibonacci retracement, 88% fibonacci extension and horizontal graphical overlap, where we could see a drop from this level to our 1st Support level of 107.484, in line with -61.8% fibonacci retracement and 127% fibonacci extension. Do note that price is trending under the moving average, in line with our bearish view.
Pivot: 108.309
Why we like it:
61.8% fibonacci retracement, 88% fibonacci extension and horizontal graphical overlap
1st Support: 107.484
Why we like it:
-61.8% fibonacci retracement and 127% fibonacci extension
1st Resistance: 108.794
Why we like it:
61.8% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is under our Pivot of 108.309 which is in line with 61.8% fibonacci retracement, 88% fibonacci extension and horizontal graphical overlap, where we could see a drop from this level to our 1st Support level of 107.484, in line with -61.8% fibonacci retracement and 127% fibonacci extension. Do note that price is trending under the moving average, in line with our bearish view.
Pivot: 108.309
Why we like it:
61.8% fibonacci retracement, 88% fibonacci extension and horizontal graphical overlap
1st Support: 107.484
Why we like it:
-61.8% fibonacci retracement and 127% fibonacci extension
1st Resistance: 108.794
Why we like it:
61.8% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap.
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.