Description:
Price has reversed from our Pivot point at 1.38369, in line with 50%, 61.8% fibonacci retracement, 78.6% fibonacci extension, ichimoku cloud resistance and horizontal graphical overlap. Where we could potentially see a drop from our pivot towards our 1st support level at 1.36900, in line with 161.8% fibonacci retracement, 50%, 78.6% fibonacci extension and horizontal swing low.
Pivot: 1.38369
Why we like it:
50%, 61.8% fibonacci retracement, 78.6% fibonacci extension, ichimoku cloud resistance and horizontal graphical overlap
1st Support: 1.36900
Why we like it:
161.8% fibonacci retracement, 50%, 78.6% fibonacci extension and horizontal swing low
1st Resistance: 1.39310
Why we like it:
78.6% Fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Price has reversed from our Pivot point at 1.38369, in line with 50%, 61.8% fibonacci retracement, 78.6% fibonacci extension, ichimoku cloud resistance and horizontal graphical overlap. Where we could potentially see a drop from our pivot towards our 1st support level at 1.36900, in line with 161.8% fibonacci retracement, 50%, 78.6% fibonacci extension and horizontal swing low.
Pivot: 1.38369
Why we like it:
50%, 61.8% fibonacci retracement, 78.6% fibonacci extension, ichimoku cloud resistance and horizontal graphical overlap
1st Support: 1.36900
Why we like it:
161.8% fibonacci retracement, 50%, 78.6% fibonacci extension and horizontal swing low
1st Resistance: 1.39310
Why we like it:
78.6% Fibonacci retracement, 127% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
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.
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.