Description
Price is approaching our Pivot point at 0.90576, which is in line with 61.8% fibonacci retracement, 61.8% fibonacci extension and moving average resistance. We could potentially see price drop from our Pivot point towards our 1st Support level at 0.89754, in line with the -27% fibonacci retracement, 161.8% fibonacci extension and horizontal swing low. It is worth noting that the price is under the moving average, in line with our bearish view.
Pivot: 0.90576
Why we like it:
61.8% fibonacci retracement, 61.8% fibonacci extension and moving average resistance
1st Support: 0.89754
Why we like it:
-27% fibonacci retracement, 161.8% fibonacci extension and horizontal swing low
1st Resistance: 0.91085
Why we like it:
61.8% fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 0.90576, which is in line with 61.8% fibonacci retracement, 61.8% fibonacci extension and moving average resistance. We could potentially see price drop from our Pivot point towards our 1st Support level at 0.89754, in line with the -27% fibonacci retracement, 161.8% fibonacci extension and horizontal swing low. It is worth noting that the price is under the moving average, in line with our bearish view.
Pivot: 0.90576
Why we like it:
61.8% fibonacci retracement, 61.8% fibonacci extension and moving average resistance
1st Support: 0.89754
Why we like it:
-27% fibonacci retracement, 161.8% fibonacci extension and horizontal swing low
1st Resistance: 0.91085
Why we like it:
61.8% fibonacci retracement, 127% 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.