NZDUSD, H4 is bouncing from our Pivot point. Potential for rise
Description:
Price is bouncing from our Pivot point of 0.71916, which is in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support. A potential rise from here towards our first resistance level of 0.72503, in line with 61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance.
Pivot: 0.71916
Why we like it:
78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support
1st Support: 0.71610
Why we like it:
127% Fibonacci retracement, 127% fibonacci extension and horizontal swing low support.
1st Resistance: 0.72503
Why we like it:
61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point of 0.71916, which is in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support. A potential rise from here towards our first resistance level of 0.72503, in line with 61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance.
Pivot: 0.71916
Why we like it:
78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support
1st Support: 0.71610
Why we like it:
127% Fibonacci retracement, 127% fibonacci extension and horizontal swing low support.
1st Resistance: 0.72503
Why we like it:
61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance
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.