Description
Price is approaching our Pivot point at 1812.27 which is in line with our 78.6% Fibonacci retracement, 50%, 127% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1843.62, which is in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. It is worth noting that Stochastics is also showing bullish pressure where price has reacted off the 9% level.
Pivot: 1812.27
Why we like it:
78.6% Fibonacci retracement, 50%, 127% fibonacci extension and horizontal graphical overlap
1st Support: 1772.94
Why we like it:
-61.8% fibonacci retracement, 100% and 161.8%fibonacci extension
1st Resistance: 1843.62
Why we like it:
61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point at 1812.27 which is in line with our 78.6% Fibonacci retracement, 50%, 127% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 1843.62, which is in line with 61.8% fibonacci retracement, 100% fibonacci extension and horizontal graphical overlap. It is worth noting that Stochastics is also showing bullish pressure where price has reacted off the 9% level.
Pivot: 1812.27
Why we like it:
78.6% Fibonacci retracement, 50%, 127% fibonacci extension and horizontal graphical overlap
1st Support: 1772.94
Why we like it:
-61.8% fibonacci retracement, 100% and 161.8%fibonacci extension
1st Resistance: 1843.62
Why we like it:
61.8% fibonacci retracement, 100% 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.