Description:
Price is testing our Pivot point at 1.21215, which is in line with 78.6% fibonacci retracement,61.8% fibonacci extension and horizontal graphical area. We could potentially see price rise from here towards our 1st resistance level at 1.21786, in line with -27% fibonacci retracement, 127% fibonacci extension and horizontal swing high resistance. It is worth noting that the MACD is above 0, in line with our bullish analysis.
Pivot: 1.21215
Why we like it:
78.6% fibonacci retracement,61.8% fibonacci extension and horizontal graphical area
1st Support: 1.20709
Why we like it:
50% and 78.6% fibonacci retracement.
1st Resistance: 1.21786
Why we like it:
-27% fibonacci retracement, 127% fibonacci extension and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is testing our Pivot point at 1.21215, which is in line with 78.6% fibonacci retracement,61.8% fibonacci extension and horizontal graphical area. We could potentially see price rise from here towards our 1st resistance level at 1.21786, in line with -27% fibonacci retracement, 127% fibonacci extension and horizontal swing high resistance. It is worth noting that the MACD is above 0, in line with our bullish analysis.
Pivot: 1.21215
Why we like it:
78.6% fibonacci retracement,61.8% fibonacci extension and horizontal graphical area
1st Support: 1.20709
Why we like it:
50% and 78.6% fibonacci retracement.
1st Resistance: 1.21786
Why we like it:
-27% fibonacci retracement, 127% 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.