Price is testing our Pivot point at 1.18717, in line with 78.6% fibonacci retracement, 50% fibonacci extension and horizontal overlap, where we could potentially see a push up from our pivot towards our 1st resistance level at 1.19414, which is in line with 78.6% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. Note that price is above the moving average and ascending trendline, in line with our bullish analysis.
Pivot: 1.18717
Why we like it:
78.6% fibonacci retracement, 50% fibonacci extension and horizontal overlap
1st Support: 1.18121
Why we like it:
127% fibonacci retracement, 100% fibonacci extension and horizontal swing low
1st Resistance: 1.19414
Why we like it:
78.6% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Pivot: 1.18717
Why we like it:
78.6% fibonacci retracement, 50% fibonacci extension and horizontal overlap
1st Support: 1.18121
Why we like it:
127% fibonacci retracement, 100% fibonacci extension and horizontal swing low
1st Resistance: 1.19414
Why we like it:
78.6% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
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.