Description
Price is approaching our Pivot point at 0.88680, which is in line with our 61.8% Fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from this level towards our 1st resistance level at 0.89052, in line with 61.8% fibonacci extension and horizontal graphical resistance. It is worth noting that price is trending above an ascending trendline, in line with our bullish analysis.
Pivot: 0.88680
Why we like it:
61.8% Fibonacci retracement and horizontal graphical overlap
1st Support: 0.88471
Why we like it:
78.6% fibonacci extension and 78.6% fibonacci retracement.
1st Resistance: 0.89052
Why we like it:
61.8% fibonacci extension and horizontal graphical resistance
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 0.88680, which is in line with our 61.8% Fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from this level towards our 1st resistance level at 0.89052, in line with 61.8% fibonacci extension and horizontal graphical resistance. It is worth noting that price is trending above an ascending trendline, in line with our bullish analysis.
Pivot: 0.88680
Why we like it:
61.8% Fibonacci retracement and horizontal graphical overlap
1st Support: 0.88471
Why we like it:
78.6% fibonacci extension and 78.6% fibonacci retracement.
1st Resistance: 0.89052
Why we like it:
61.8% fibonacci extension and horizontal graphical 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.