Description:
Price pushing lower and technical indicators are now showing possible further bearish momentum. A further push below our pivot at 3896 towards 1st support at 3851 could be possible. Otherwise, failure to hold below pivot could see price rise towards 1st resistance at 3933.
Pivot: 3896
Supporting Points:
Graphical swing high,Moving average resistance
1st Support: 3851
Supporting Points:
50% Fibonacci retracement
1st Resistance: 3933
Supporting Points:
-27.2% Fibonacci retracement
Trading FX & CFDs carries high risk
Price pushing lower and technical indicators are now showing possible further bearish momentum. A further push below our pivot at 3896 towards 1st support at 3851 could be possible. Otherwise, failure to hold below pivot could see price rise towards 1st resistance at 3933.
Pivot: 3896
Supporting Points:
Graphical swing high,Moving average resistance
1st Support: 3851
Supporting Points:
50% Fibonacci retracement
1st Resistance: 3933
Supporting Points:
-27.2% Fibonacci retracement
Trading FX & CFDs carries high risk