Type: Bullish RiseKey Levels:Resistance: 695'7Pivot: 664'7Support: 645'7Preferred Case:We are expecting the price to potentially rise from our pivot level of 664'7 in line with 78.6% Fibonacci retracement towards our 1st resistance level of 695'7 which is in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection.Alternative Scenario:Otherwise, the price might break our pivot structure and trigger a dip to the 1st support level of 645'7 which is in line with 161.8% Fibonacci extension.Fundamentals:No major news.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/oats-futures-zok2022-h1-potential-for-bullish-rise"
via IFTTT
Subscribe to:
Post Comments (Atom)
-
The new strain of covid found in South Africa could disrupt plans by governments and central banks to rebuild economies. Financial markets a...
-
Fidelity “FIS” is a global financial services technology company and a leader in providing technology solutions to merchants, banks and cap...
-
Asian Equities Sink on Covid FearsIt’s been a mixed start to the week for global equities benchmarks with US and European asset markets rema...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.