This level is near ?
Potential Strategy
Approaching first level of converging resistance near 1.6336-.6354.
What is the trend? Neutral
What is this pattern? No pattern present
Why is this significant?
What other indicators or Fib Levels support this thesis?
Reason for Strategy
Support & Resistance Levels
Resistance 3 1.61340 daily pivot
Resistance 2 1.6413 daily pivot
Resistance 1
Current Price 1.6269
Support 1 1.6207 daily pivot
Support 2 1.6134 daily pivot (center line)
Support 3 1.6076 daily pivot
Potential Strategy
Approaching first level of converging resistance near 1.6336-.6354.
What is the trend? Neutral
What is this pattern? No pattern present
Why is this significant?
What other indicators or Fib Levels support this thesis?
Reason for Strategy
Support & Resistance Levels
Resistance 3 1.61340 daily pivot
Resistance 2 1.6413 daily pivot
Resistance 1
Current Price 1.6269
Support 1 1.6207 daily pivot
Support 2 1.6134 daily pivot (center line)
Support 3 1.6076 daily pivot
- http://gftnet.gftforex.com/images/co...16-16%20AM.pnghttp://gftnet.gftforex.com/images/co...16-35%20AM.png
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