We do have to be cautious of the intermediate support at 83.91 (38.2 % Fibonacci retracement,
horizontal swing low support).
NZDUSD is testing major channel resistance at 0.6936 (Fibonacci retracement, Fibonacci extension, price action, channel resistance) and a strong drop could occur at this level to push prices all the way down to major support at 0.6852 (Fibonacci extension,
horizontal swing low support).
Price is dropping strongly towards major support at 1.2966 (multiple Fibonacci extensions,
horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullb...
Not exact matches
The pink,
horizontal line on the weekly chart below shows the area of resistance that $ LULU may bounce to, which may present you with a
low - risk entry point for
swing trading on the short side:
The blue
horizontal line marks
horizontal price support of the recent «
swing lows» set earlier this month:
Now, AAPL is also in danger of losing
horizontal price support of its prior «
swing low» from July of 2012.
Also, notice the convergence of the short
horizontal across the bottom of the recent
swing low with the uptrend line.
When an enemy blocks high, you
swing the Wii Remote in a
lower,
horizontal motion.
On their face these final drawings, and the one painting that was their result (Homage to Mondrian, 2001 — 2003), are composed of just two broad bars of color, one an elongate rectangle hugging the
lower left edge of the canvas, the other
swung upward as if hinged to form a raised
horizontal axis bisecting the canvas left to right slightly above center.