Description
Price is bouncing from our Pivot point at 0.89648, which is in line with 50% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.90140, a fibonacci confluence. It is worth noting that the price is above the ascending trendline, in line with our bullish analysis.
Pivot: 0.89648
Why we like it:
50% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap
1st Support: 0.88633
Why we like it:
-27% fibonacci retracement and 161.8% fibonacci extension
1st Resistance: 0.90140
Why we like it:
-27%, 127% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point at 0.89648, which is in line with 50% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.90140, a fibonacci confluence. It is worth noting that the price is above the ascending trendline, in line with our bullish analysis.
Pivot: 0.89648
Why we like it:
50% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap
1st Support: 0.88633
Why we like it:
-27% fibonacci retracement and 161.8% fibonacci extension
1st Resistance: 0.90140
Why we like it:
-27%, 127% fibonacci retracement, 61.8% fibonacci extension 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.