Price is approaching our first resistance in line with our 38.2% fibonacci retracement and 100% fibonacci extension where we could be seeing a reversal below this level. Stochastic is approaching resistance as well. Attached is the video analysis, do check them out.
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Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Related publications
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.