AUDUSD, H4 has bounced from our Pivot. Potential for a rise.
Price has bounced from our Pivot point at 0.77010, in line with 88.68% fibonacci retracement, 161.8% fibonacci extension and horizontal swing low support. Where we could potentially see a rise from our pivot towards our 1st resistance level at 0.77702, in line with 61.8%, 88% fibonacci extension and horizontal graphical overlap.
Pivot: 0.77010
Why we like it:
88.68% fibonacci retracement, 161.8% fibonacci extension and horizontal swing low support
1st Support: 0.76594
Why we like it:
161.8% fibonacci extension and horizontal graphical overlap
1st Resistance: 0.78768
Why we like it:
61.8%, 88% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Pivot: 0.77010
Why we like it:
88.68% fibonacci retracement, 161.8% fibonacci extension and horizontal swing low support
1st Support: 0.76594
Why we like it:
161.8% fibonacci extension and horizontal graphical overlap
1st Resistance: 0.78768
Why we like it:
61.8%, 88% fibonacci extension and horizontal graphical overlap.
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.