Description
Price has reversed from our Pivot of 109.961 which is in line with 61.8% fibonacci retracement, 161.8% fibonacci extension and moving average resistance, where we could see a drop from this level to our 1st Support level of 108.408, in line with 161.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support. Do note that price is trending under the moving average, in line with our bearish view.
Pivot: 109.961
Why we like it:
61.8% fibonacci retracement, 161.8% fibonacci extension and moving average resistance
1st Support: 108.408
Why we like it:
161.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support
1st Resistance: 110.588
Why we like it:
78.6% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price has reversed from our Pivot of 109.961 which is in line with 61.8% fibonacci retracement, 161.8% fibonacci extension and moving average resistance, where we could see a drop from this level to our 1st Support level of 108.408, in line with 161.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support. Do note that price is trending under the moving average, in line with our bearish view.
Pivot: 109.961
Why we like it:
61.8% fibonacci retracement, 161.8% fibonacci extension and moving average resistance
1st Support: 108.408
Why we like it:
161.8% fibonacci retracement, 100% fibonacci extension and horizontal swing low support
1st Resistance: 110.588
Why we like it:
78.6% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap.
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.