Pivot Point Calculator
Calculating pivot points gives us 3 main values:
1) Pivot Point price: the price will fluctuate in a different direction.
2) Resistance levels: There are three conditions with pivot point price. These levels could indicate the price levels at which a resistance period is expected; if the price is climbing up to those levels, it is expected that the price will start moving down again."
3) Support Levels: As with the resistance levels, there are 3 support level prices that indicate the levels of support for the downward price. For example, if the currency pair price is going down at these levels it is expected that the price could start lifting up.
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