Price is reacting above our pivot level at 0.91860 which is in-line with 61.8% Fibonacci retracement level, 78.6% Fibonacci extension level and horizontal overlap resistance. Price can potentially swing towards resistance at 0.92390 which is in-line with 100% Fibonacci retracement level, 127.2% Fibonacci extension level and swing high resistance.
Alternatively, price may drop to our support at 0.91540, which is in-line with 61.8% Fibonacci retracement level and 61.8% Fibonacci extension level.
Pivot:
0.91860
Why we like it:
61.8% Fibonacci retracement level, 78.6% Fibonacci extension level and horizontal overlap resistance
1st Support:
0.91540
Why we like it:
61.8% Fibonacci retracement level and 61.8% Fibonacci extension level
1st Resistance:
0.92390
Why we like it:
100% Fibonacci retracement level, 127.2% Fibonacci extension level and swing high resistance.
Trading FX & CFDs carries high risk.
Alternatively, price may drop to our support at 0.91540, which is in-line with 61.8% Fibonacci retracement level and 61.8% Fibonacci extension level.
Pivot:
0.91860
Why we like it:
61.8% Fibonacci retracement level, 78.6% Fibonacci extension level and horizontal overlap resistance
1st Support:
0.91540
Why we like it:
61.8% Fibonacci retracement level and 61.8% Fibonacci extension level
1st Resistance:
0.92390
Why we like it:
100% Fibonacci retracement level, 127.2% Fibonacci extension level and swing high resistance.
Trading FX & CFDs carries high risk.
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.