Price is bouncing from our Pivot point of 0.71625, which is in line with 78.6% Fibonacci retracement,127% fibonacci extension and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.72118, in line with the 78.6% fibonacci retracement and 61.8% fibonacci extension.
Description:
Pivot: 0.71625
Why we like it:
78.6% Fibonacci retracement,127% fibonacci extension and horizontal graphical overlap
1st Support: 0.71281
Why we like it:
161.8% fibonacci extension and horizontal swing low support.
1st Resistance: 0.72118
Why we like it:
78.6% fibonacci retracement and 61.8% fibonacci extension
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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.