Description
Price approaching our Pivot point at 0.88825 which is in line with 50%, 61.8% Fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.89195, a fibonacci confluence. It is worth noting that MACD is above the 0 line, in line with our bullish analysis.
Pivot: 0.88825
Why we like it:
78.6% Fibonacci retracement, 50%, 100% fibonacci extension and horizontal graphical overlap
1st Support: 0.88553
Why we like it:
78.6%, -27% fibonacci extension and horizontal swing low support.
1st Resistance: 0.89195
Why we like it:
161.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price approaching our Pivot point at 0.88825 which is in line with 50%, 61.8% Fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.89195, a fibonacci confluence. It is worth noting that MACD is above the 0 line, in line with our bullish analysis.
Pivot: 0.88825
Why we like it:
78.6% Fibonacci retracement, 50%, 100% fibonacci extension and horizontal graphical overlap
1st Support: 0.88553
Why we like it:
78.6%, -27% fibonacci extension and horizontal swing low support.
1st Resistance: 0.89195
Why we like it:
161.8% fibonacci retracement, 100% 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.