NZDUSD, H4 is bouncing from our Pivot point. Potential for furth
Description:
Price is bouncing from our Pivot point of 0.72764, which is in line with 23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.73595, in line with -27% Fibonacci retracement and 127% fibonacci extension. Please note that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 0.72764
Why we like it:
23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.72351
Why we like it:
50%, 78.6% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.73595
Why we like it:
50% Fibonacci retracement, 50%, 100% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point of 0.72764, which is in line with 23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.73595, in line with -27% Fibonacci retracement and 127% fibonacci extension. Please note that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 0.72764
Why we like it:
23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.72351
Why we like it:
50%, 78.6% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.73595
Why we like it:
50% Fibonacci retracement, 50%, 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.