Description
Price is approaching pivot level of 0.93624 where we have 78.6% Fibonacci extension levelhorizontal swing high resistance lining up. A reversal from this level might see price take support at 0.9266, which is in line with horizontal overlap support. Finally, price is unlikely to surpass our strong resistance at 0.94396, which coincides with 100% Fibonacci extension level, 127.2% Fibonacci extension level . This is further supported by how price is likely to reverse off the Stochastic resistance level.
Pivot:
0.93624
Why we like it:
78.6% Fibonacci extension levelhorizontal swing high resistance
1st Support:
0.92660
Why we like it:
horizontal overlap support
1st Resistance:
0.94396
Why we like it:
100% Fibonacci extension level, 127.2% Fibonacci extension level
Trading FX & CFDs carries high risk.
Price is approaching pivot level of 0.93624 where we have 78.6% Fibonacci extension levelhorizontal swing high resistance lining up. A reversal from this level might see price take support at 0.9266, which is in line with horizontal overlap support. Finally, price is unlikely to surpass our strong resistance at 0.94396, which coincides with 100% Fibonacci extension level, 127.2% Fibonacci extension level . This is further supported by how price is likely to reverse off the Stochastic resistance level.
Pivot:
0.93624
Why we like it:
78.6% Fibonacci extension levelhorizontal swing high resistance
1st Support:
0.92660
Why we like it:
horizontal overlap support
1st Resistance:
0.94396
Why we like it:
100% Fibonacci extension level, 127.2% Fibonacci extension level
Trading FX & CFDs carries high risk.
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.
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.