Price is reacting below our pivot level at 110.445, in-line with 78.6% Fibonacci retracement level,100% Fibonacci extension level and horizontal overlap resistance. Price could drop to support at 109.835, in-line with 38.2% Fibonacci retracement level, 61.8% Fibonacci extension level and trendline support. Stochastic is also at resistance level where previous...
Price is approaching pivot level at 1.37000, in-line with 38.2% Fibonacci retracement level, 61.8% Fibonacci extension and 20EMA. Price could potentially bounce from pivot to resistance at 1.37980, in-line with 61.8% Fibonacci retracement, 161.8% Fibonacci extension level and trendline resistance. MACD is also indicating further bullish momentum.
Alternatively,...
