Price is facing bearish pressure from pivot which is in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push down towards 1st support which is in line with horizontal swing low support which is in line with 100% Fibonacci extension and 161.8% Fibonacci retracement. Stochastics is also approaching a resistance level of 95.36, in line with our analysis.
Pivot: 0.76373
Why we like it:
Graphical pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension
1st Support: 0.75320
Why we like it:
Graphical swing low support, 100% Fibonacci extension, 161.8% Fibonacci retracement
1st Resistance: 0.76771
Why we like it:
Graphical swing high resistance, 127.2% Fibonacci extension
Trading FX & CFDs carries high risk.
Pivot: 0.76373
Why we like it:
Graphical pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension
1st Support: 0.75320
Why we like it:
Graphical swing low support, 100% Fibonacci extension, 161.8% Fibonacci retracement
1st Resistance: 0.76771
Why we like it:
Graphical swing high resistance, 127.2% Fibonacci extension
Trading FX & CFDs carries high risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.