Description:
Price is approaching our Pivot point at 1.28746, which is in line with 61.8%, 38.2% Fibonacci retracement, 161.8% Fibonacci extension and descending trendline resistance. We could potentially see price drop towards our 1st support level at 1.27716. It is worth noting that price is trending under the descending trendline and Stochastics (21,5,3) is showing divergence, which is showing bearish pressure in line with our analysis.
Pivot: 1.2812874627
Why we like it:
61.8%, 38.2% Fibonacci retracement, 161.8% Fibonacci extension and descending trendline resistance
1st Support: 1.27716
Why we like it:
88% Fibonacci extension and horizontal graphical support.
1st Resistance: 1.29265
Why we like it:
61.8% Fibonacci retracement and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1.28746, which is in line with 61.8%, 38.2% Fibonacci retracement, 161.8% Fibonacci extension and descending trendline resistance. We could potentially see price drop towards our 1st support level at 1.27716. It is worth noting that price is trending under the descending trendline and Stochastics (21,5,3) is showing divergence, which is showing bearish pressure in line with our analysis.
Pivot: 1.2812874627
Why we like it:
61.8%, 38.2% Fibonacci retracement, 161.8% Fibonacci extension and descending trendline resistance
1st Support: 1.27716
Why we like it:
88% Fibonacci extension and horizontal graphical support.
1st Resistance: 1.29265
Why we like it:
61.8% Fibonacci retracement and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。