Description:
Despite price reversing, it is still holding above moving average with MACD indicator still above 0, showing room for possible further bullish momentum. We see a medium probability bullish scenario above our pivot at 0.73930 for price to bounce above towards recent swing high at 1st resistance at 0.74365. Otherwise, should price break below Pivot, a drop towards 1st support and recent swing low at 0.73515 could be possible.
Pivot: 0.73930
Supporting Points:
50% Fibonacci retracement, Graphical overlap support, Moving average support
1st Support: 0.73515
Supporting Points:
Graphical swing low
1st Resistance: 0.74365
Supporting Points:
Graphical swing high
Trading FX & CFDs carries high risk.
Despite price reversing, it is still holding above moving average with MACD indicator still above 0, showing room for possible further bullish momentum. We see a medium probability bullish scenario above our pivot at 0.73930 for price to bounce above towards recent swing high at 1st resistance at 0.74365. Otherwise, should price break below Pivot, a drop towards 1st support and recent swing low at 0.73515 could be possible.
Pivot: 0.73930
Supporting Points:
50% Fibonacci retracement, Graphical overlap support, Moving average support
1st Support: 0.73515
Supporting Points:
Graphical swing low
1st Resistance: 0.74365
Supporting Points:
Graphical swing high
Trading FX & CFDs carries high risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.