Description:
Price is bouncing from our Pivot point at 1.22833, which is in line with 61.8% fibonacci retracement, 78.6% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from here towards our 1st resistance level at 1.23874, in line with 61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high. Do note that price is above the ascending trendline, in line with our bullish analysis.
Pivot: 1.22833
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension and horizontal graphical overlap
1st Support: 1.22138
Why we like it:
127% fibonacci retracement, 100% fibonacci extension and horizontal graphical area
1st Resistance: 1.23874
Why we like it:
61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point at 1.22833, which is in line with 61.8% fibonacci retracement, 78.6% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from here towards our 1st resistance level at 1.23874, in line with 61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high. Do note that price is above the ascending trendline, in line with our bullish analysis.
Pivot: 1.22833
Why we like it:
61.8% fibonacci retracement, 78.6% fibonacci extension and horizontal graphical overlap
1st Support: 1.22138
Why we like it:
127% fibonacci retracement, 100% fibonacci extension and horizontal graphical area
1st Resistance: 1.23874
Why we like it:
61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical swing high
Trading FX & CFDs carries high risk.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.