AUDUSD, H4 is approaching from our Pivot. Potential for a rise.
Price is approaching from our Pivot point at 0.77635, in line with 61.8% Fibonacci retracement, 88% fibonacci extension and ascending trendline. Where we could potentially see a rise from our pivot towards our 1st resistance level at 0.78437, in line with -27% fibonacci retracement and 88% fibonacci extension.
Pivot: 0.77635
Why we like it:
61.8% Fibonacci retracement, 88% fibonacci extension and ascending trendline
1st Support: 0.77179
Why we like it:
161.8% fibonacci extension and horizontal graphical swing low.
1st Resistance: 0.78437
Why we like it:
-27% fibonacci retracement and 88% fibonacci extension
Trading FX & CFDs carries high risk.
Pivot: 0.77635
Why we like it:
61.8% Fibonacci retracement, 88% fibonacci extension and ascending trendline
1st Support: 0.77179
Why we like it:
161.8% fibonacci extension and horizontal graphical swing low.
1st Resistance: 0.78437
Why we like it:
-27% fibonacci retracement and 88% fibonacci extension
Trading FX & CFDs carries high risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.