Support Levels:
1. Support Buy Area – Around 1.2900
This is where buyers may step in to push the price higher.
2. Support Sell Area – Around 1.2850 – 1.2800
If the price drops below this, a bearish move may continue.
Resistance Levels:
1. First Resistance Area – Around 1.2950 – 1.3000
If the price reaches this level and fails to break through, a pullback might occur.
2. Major Resistance – Above 1.3000
If the price breaks this level, a strong bullish rally could continue.
1. Support Buy Area – Around 1.2900
This is where buyers may step in to push the price higher.
2. Support Sell Area – Around 1.2850 – 1.2800
If the price drops below this, a bearish move may continue.
Resistance Levels:
1. First Resistance Area – Around 1.2950 – 1.3000
If the price reaches this level and fails to break through, a pullback might occur.
2. Major Resistance – Above 1.3000
If the price breaks this level, a strong bullish rally could continue.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.