Description:
Price is bouncing from our Pivot point at 1.28331, which is in line with 50% Fibonacci retracement, 88% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise towards our 1st resistance level at 1.28829. It is worth noting that price is trending above the Ichimoku cloud and EMA (55), which are showing bullish pressure in line with our analysis.
Pivot: 1.28331
Why we like it:
50% Fibonacci retracement, 88% Fibonacci extension and horizontal graphical overlap
1st Support: 1.27925
Why we like it:
-27%, 61.8% Fibonacci retracement and horizontal graphical support area.
1st Resistance: 1.28829
Why we like it:
50% Fibonacci retracement and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point at 1.28331, which is in line with 50% Fibonacci retracement, 88% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise towards our 1st resistance level at 1.28829. It is worth noting that price is trending above the Ichimoku cloud and EMA (55), which are showing bullish pressure in line with our analysis.
Pivot: 1.28331
Why we like it:
50% Fibonacci retracement, 88% Fibonacci extension and horizontal graphical overlap
1st Support: 1.27925
Why we like it:
-27%, 61.8% Fibonacci retracement and horizontal graphical support area.
1st Resistance: 1.28829
Why we like it:
50% 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.