Price is approaching pivot level of 0.91564 where we have 23.6% Fibonacci retracement level lining up. A reversal from this level might see price take support at 0.91067, which is in line with 127.2% Fibonacci retracement level, 100% Fibonacci extension level. Finally, price is unlikely to surpass our strong resistance at 0.92003, which coincides with 50.0% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance .
Pivot:
0.91564
Why we like it:
23.6% Fibonacci retracement level
1st Support:
0.91067
127.2% Fibonacci retracement level, 100% Fibonacci extension level
1st Resistance:
0.92003
50.0% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap resistance
Trading FX & CFDs carries high risk.
Pivot:
0.91564
Why we like it:
23.6% Fibonacci retracement level
1st Support:
0.91067
127.2% Fibonacci retracement level, 100% Fibonacci extension level
1st Resistance:
0.92003
50.0% Fibonacci retracement level, 100% Fibonacci extension level & horizontal overlap 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.