Price has bounced from our Pivot point of 0.71919, which is in line with 23.6%, 50% Fibonacci retracement, 61.8% fibonacci extension, moving average support and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.72626, in line with the 88% fibonacci retracement, 161.8% fibonacci extension and horizontal graphical area. It is worth noting that price is trending above the descending trendline support and moving average, in line with our bullish analysis.
Description:
Pivot: 0.71919
Why we like it:
23.6%, 50% Fibonacci retracement, 61.8% fibonacci extension, moving average support and horizontal graphical overlap
1st Support: 0.71387
Why we like it:
61.8% fibonacci retracement, 127% fibonacci extension and horizontal swing low.
1st Resistance: 0.72626
Why we like it:
61.8%, 127% fibonacci retracement and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Description:
Pivot: 0.71919
Why we like it:
23.6%, 50% Fibonacci retracement, 61.8% fibonacci extension, moving average support and horizontal graphical overlap
1st Support: 0.71387
Why we like it:
61.8% fibonacci retracement, 127% fibonacci extension and horizontal swing low.
1st Resistance: 0.72626
Why we like it:
61.8%, 127% fibonacci retracement 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.