Type : Bearish Drop Resistance : 1.0010 Pivot: 0.9929 Support : 0.9887
Preferred Case: On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 0.9929 where the previous swing lows are to the 1st support at 0.9887 where the swing low is.
Alternative scenario: Alternatively, price could break pivot structure and rise to 1st resistance at 1.0010 where the swing high and 23.6% fibonacci retracement are.
Fundamentals: Eurozone Services PMI are out today, most of them are lower than forecast.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Anche su:
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.