Description:
Price is reversing from our pivot at 0.76637, a fibonacci confluence area. We could see a medium-probability bearish scenario, with 1st support at 0.76263 as a potential target . Otherwise, failure to hold under pivot could see price swing higher towards 1st resistance at 0.76928. Stochastics is showing bearish momentum where price has previously reversed from the 90% level.
Pivot: 0.76637
Supporting Points:
161.8% fibonacci retracement and 88% fibonacci extension.
1st Support: 0.75575
Supporting Points:
61.8% fibonacci retracement and 88% fibonacci extension.
1st Resistance: 0.76258
Supporting Points:
38.2%, 161.8% Fibonacci retracement, 61.8% fibonacci extension and Horizontal graphical overlap resistance.
Trading FX & CFDs carries high risk.
Price is reversing from our pivot at 0.76637, a fibonacci confluence area. We could see a medium-probability bearish scenario, with 1st support at 0.76263 as a potential target . Otherwise, failure to hold under pivot could see price swing higher towards 1st resistance at 0.76928. Stochastics is showing bearish momentum where price has previously reversed from the 90% level.
Pivot: 0.76637
Supporting Points:
161.8% fibonacci retracement and 88% fibonacci extension.
1st Support: 0.75575
Supporting Points:
61.8% fibonacci retracement and 88% fibonacci extension.
1st Resistance: 0.76258
Supporting Points:
38.2%, 161.8% Fibonacci retracement, 61.8% fibonacci extension and Horizontal graphical overlap resistance.
Trading FX & CFDs carries high risk.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.