NZDUSD, H4 is testing our Pivot point. Potential for rise
Description:
Price is approaching our Pivot point of 0.72229, which is in line with 127% Fibonacci retracement, 88% and 127% Fibonacci extension. A potential rise from here towards our first resistance level of 0.72884, in line with 161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension. Please note that price is trending above the Ichimoku cloud, in line with our bullish view.
Pivot: 0.72229
Why we like it:
127% Fibonacci retracement, 88% and 127% Fibonacci extension
1st Support: 0.71740
Why we like it:
-27%, 78.6%, 161.8% Fibonacci retracement and horizontal graphical overlap.
1st Resistance: 0.72884
Why we like it:
161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point of 0.72229, which is in line with 127% Fibonacci retracement, 88% and 127% Fibonacci extension. A potential rise from here towards our first resistance level of 0.72884, in line with 161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension. Please note that price is trending above the Ichimoku cloud, in line with our bullish view.
Pivot: 0.72229
Why we like it:
127% Fibonacci retracement, 88% and 127% Fibonacci extension
1st Support: 0.71740
Why we like it:
-27%, 78.6%, 161.8% Fibonacci retracement and horizontal graphical overlap.
1st Resistance: 0.72884
Why we like it:
161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension
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.