Description:
Price is bouncing from our Pivot point of 0.72345, which is in line with 23.6%, 61.8%, 127% Fibonacci retracement and horizontal graphical overlap support. A potential rise from here towards our first resistance level of 0.72895, in line with -27%, 88% Fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing high resistance. Please note that price is trending above the moving average, in line with our bullish view.
Pivot: 0.72345
Why we like it:
23.6%, 61.8%, 127% Fibonacci retracement and horizontal graphical overlap support
1st Support: 0.71788
Why we like it:
50%, 23.6%, 88%, 88% Fibonacci retracement and horizontal swing low support.
1st Resistance: 0.72895
Why we like it:
-27%, 88% Fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point of 0.72345, which is in line with 23.6%, 61.8%, 127% Fibonacci retracement and horizontal graphical overlap support. A potential rise from here towards our first resistance level of 0.72895, in line with -27%, 88% Fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing high resistance. Please note that price is trending above the moving average, in line with our bullish view.
Pivot: 0.72345
Why we like it:
23.6%, 61.8%, 127% Fibonacci retracement and horizontal graphical overlap support
1st Support: 0.71788
Why we like it:
50%, 23.6%, 88%, 88% Fibonacci retracement and horizontal swing low support.
1st Resistance: 0.72895
Why we like it:
-27%, 88% Fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing high resistance
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.