Description
Price is reacting below our pivot level at 1.2948 which is in line with horizontal swing high resistance. Price can potentially take support at 1.27657, which is in line with 50.0% Fibonacci retracement level and horizontal overlap support. Alternatively, price may rise up to our resistance at 1.30432, which coincides with 161.8% Fibonacci retracement level and horizontal swing high resistance . This is further supported by how price is likely to reverse off the Stochastic resistance level.
Pivot:
1.29480
Why we like it:
horizontal swing high resistance
1st Support:
1.27657
Why we like it:
50.0% Fibonacci retracement level and horizontal overlap support
1st Resistance:
1.30432
Why we like it:
161.8% Fibonacci retracement level and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is reacting below our pivot level at 1.2948 which is in line with horizontal swing high resistance. Price can potentially take support at 1.27657, which is in line with 50.0% Fibonacci retracement level and horizontal overlap support. Alternatively, price may rise up to our resistance at 1.30432, which coincides with 161.8% Fibonacci retracement level and horizontal swing high resistance . This is further supported by how price is likely to reverse off the Stochastic resistance level.
Pivot:
1.29480
Why we like it:
horizontal swing high resistance
1st Support:
1.27657
Why we like it:
50.0% Fibonacci retracement level and horizontal overlap support
1st Resistance:
1.30432
Why we like it:
161.8% Fibonacci retracement level and horizontal swing high resistance
Trading FX & CFDs carries high risk.
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。