Description:
Price is approaching our Pivot point at 1.41337, in line with 61.8% fibonacci retracement, 61.8% fibonacci extension, ascending trendline and horizontal graphical overlap. Where we could potentially see a further push from our pivot towards our 1st resistance level at 1.42594, in line with -27% fibonacci retracement and previous swing high. Note that price is trending above the Ichimoku cloud and MACD is above the 0-line, in line with our bullish analysis.
Pivot: 1.41337
Why we like it:
61.8% fibonacci retracement, 61.8% fibonacci extension, ascending trendline and horizontal graphical overlap
1st Support: 1.40886
Why we like it:
61.8% fibonacci retracement, 88% fibonacci extension and horizontal graphical overlap
1st Resistance: 1.42594
Why we like it:
-27% fibonacci retracement and previous swing high
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1.41337, in line with 61.8% fibonacci retracement, 61.8% fibonacci extension, ascending trendline and horizontal graphical overlap. Where we could potentially see a further push from our pivot towards our 1st resistance level at 1.42594, in line with -27% fibonacci retracement and previous swing high. Note that price is trending above the Ichimoku cloud and MACD is above the 0-line, in line with our bullish analysis.
Pivot: 1.41337
Why we like it:
61.8% fibonacci retracement, 61.8% fibonacci extension, ascending trendline and horizontal graphical overlap
1st Support: 1.40886
Why we like it:
61.8% fibonacci retracement, 88% fibonacci extension and horizontal graphical overlap
1st Resistance: 1.42594
Why we like it:
-27% fibonacci retracement and previous 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.