Dollar A.S. / Yen JepangPenjualan
USDJPY, H4 approaching our Pivot point, potential for a drop.
Description
Price has reversed from our Pivot of 108.757, which is in line with 61.8% fibonacci retracement, 78.6% fibonacci extension, descending trendline and horizontal graphical overlap, where we could see a drop from this level to our 1st Support level of 108.338, in line with 127% fibonacci retracement and 78.6% fibonacci extension. Do note that price has broken out of the Ichimoku cloud and MACD is under 0-line, in line with our bearish view.
Pivot: 108.757
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension, descending trendline and horizontal graphical overlap
1st Support: 108.338
Why we like it:
127% fibonacci retracement and 78.6% fibonacci extension
1st Resistance: 108.973
Why we like it:
38.2%, -61.8% fibonacci retracement and Ichimoku cloud resistance.
Trading FX & CFDs carries high risk.
Price has reversed from our Pivot of 108.757, which is in line with 61.8% fibonacci retracement, 78.6% fibonacci extension, descending trendline and horizontal graphical overlap, where we could see a drop from this level to our 1st Support level of 108.338, in line with 127% fibonacci retracement and 78.6% fibonacci extension. Do note that price has broken out of the Ichimoku cloud and MACD is under 0-line, in line with our bearish view.
Pivot: 108.757
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension, descending trendline and horizontal graphical overlap
1st Support: 108.338
Why we like it:
127% fibonacci retracement and 78.6% fibonacci extension
1st Resistance: 108.973
Why we like it:
38.2%, -61.8% fibonacci retracement and Ichimoku cloud 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.