Price is reacting below our pivot level at 0.70479 which is in line with 78.6% Fibonacci retracement level and descending trendline resistance. Price could potentially drops towards support at 0.70061 which is in line with 78.6% Fibonacci retracement level, 61.8% Fibonacci extension and ascending trendline support. RSI is also at descending trendline resistance for potential drop
Alternatively, price may swing towards resistance at 0.70679, which coincides with 78.6% Fibonacci retracement level and 78.6% Fibonacci extension level.
Pivot:
0.70479
Why we like it:
78.6% Fibonacci retracement level and descending trendline resistance
1st Support:
0.70061
78.6% Fibonacci retracement level, 61.8% Fibonacci extension level & ascending trendline support
1st Resistance:
0.70679
78.6% Fibonacci retracement level and 78.6% Fibonacci extension level
Trading FX & CFDs carries high risk.
Alternatively, price may swing towards resistance at 0.70679, which coincides with 78.6% Fibonacci retracement level and 78.6% Fibonacci extension level.
Pivot:
0.70479
Why we like it:
78.6% Fibonacci retracement level and descending trendline resistance
1st Support:
0.70061
78.6% Fibonacci retracement level, 61.8% Fibonacci extension level & ascending trendline support
1st Resistance:
0.70679
78.6% Fibonacci retracement level and 78.6% Fibonacci extension level
Trading FX & CFDs carries high risk.
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.
Suka artikel ini? Tunjukkan penghargaan anda dengan menghantar tip kepada pengarang.
Tiada ulasan lagi. Jadilah yang pertama berkongsi pandangan anda.