Description
Price is testing our Pivot point at 0.88760, which is in line with our 61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 0.88340, in line with 61.8% fibonacci extension and 78.6% fibonacci retracement. It is worth noting that price is trending under the EMA (55) and descending trendline.
Pivot: 0.88760
Why we like it:
61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.88340
Why we like it:
61.8% fibonacci extension and 78.6% fibonacci retracement.
1st Resistance: 0.88908
Why we like it:
100% Fibonacci extension, 78.6% Fibonacci retracement and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
Price is testing our Pivot point at 0.88760, which is in line with our 61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. We could potentially see price drop towards our 1st support level at 0.88340, in line with 61.8% fibonacci extension and 78.6% fibonacci retracement. It is worth noting that price is trending under the EMA (55) and descending trendline.
Pivot: 0.88760
Why we like it:
61.8%, 76.4% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.88340
Why we like it:
61.8% fibonacci extension and 78.6% fibonacci retracement.
1st Resistance: 0.88908
Why we like it:
100% Fibonacci extension, 78.6% Fibonacci retracement and horizontal graphical resistance.
Trading FX & CFDs carries high risk.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.