Description:
Price is reversing our Pivot point at 1.23740, which is in line with 50%, 78.6% fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from here towards our 1st resistance level at 1.25505, in line with -27%, -27% fibonacci retracement horizontal graphical swing high. Do note that price is above the Ichimoku cloud, in line with our bullish analysis.
Pivot: 1.23740
Why we like it:
50%, 78.6% fibonacci retracement and horizontal graphical overlap
1st Support: 1.23104
Why we like it:
127%, 78.6% fibonacci retracement and horizontal graphical area
1st Resistance: 1.25505
Why we like it:
-27%, -27% fibonacci retracement horizontal graphical swing high
Trading FX & CFDs carries high risk.
Price is reversing our Pivot point at 1.23740, which is in line with 50%, 78.6% fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from here towards our 1st resistance level at 1.25505, in line with -27%, -27% fibonacci retracement horizontal graphical swing high. Do note that price is above the Ichimoku cloud, in line with our bullish analysis.
Pivot: 1.23740
Why we like it:
50%, 78.6% fibonacci retracement and horizontal graphical overlap
1st Support: 1.23104
Why we like it:
127%, 78.6% fibonacci retracement and horizontal graphical area
1st Resistance: 1.25505
Why we like it:
-27%, -27% fibonacci retracement horizontal graphical swing high
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.