#USDCHF, H4 is reversing from our Pivot, potential for a drop.
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.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.