Description
Price is breaking out of our Pivot point at 0.88485 which is in line with 23.6%, 127% Fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. We could potentially see price drop from our Pivot point towards our 1st support level at 0.87839, a fibonacci confluence. It is worth noting that the MACD is below the 0 line, in line with our bearish analysis.
Pivot: 0.88485
Why we like it:
23.6%, 127% Fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Support: 0.87839
Why we like it:
78.6%, 88% Fibonacci retracement, 88%, 227% fibonacci extension and horizontal swing low support.
1st Resistance: 0.89264
Why we like it:
50% fibonacci retracement, 61.8%, 78.6% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is breaking out of our Pivot point at 0.88485 which is in line with 23.6%, 127% Fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. We could potentially see price drop from our Pivot point towards our 1st support level at 0.87839, a fibonacci confluence. It is worth noting that the MACD is below the 0 line, in line with our bearish analysis.
Pivot: 0.88485
Why we like it:
23.6%, 127% Fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
1st Support: 0.87839
Why we like it:
78.6%, 88% Fibonacci retracement, 88%, 227% fibonacci extension and horizontal swing low support.
1st Resistance: 0.89264
Why we like it:
50% fibonacci retracement, 61.8%, 78.6% fibonacci extension and horizontal graphical overlap.
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.