Description:
Price is approaching our pivot of 1.22262, which is a fibonacci confluence level. A rise from our pivot at 1.22262 towards 1st resistance at 1.22461 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.22089.
Pivot: 1.22262
Supporting Points:
127%, -27%, -27% fibonacci retracement, 100% Fibonacci extension and horizontal graphical area.
1st Support: 1.22089
Supporting Points:
-61.8% Fibonacci retracement, 127% Fibonacci extension and horizontal swing low support.
1st Resistance: 1.2332246117
Supporting Points:
23.6%, 78.6, 76.4% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap resistance.
Trading FX & CFDs carries high risk.
Price is approaching our pivot of 1.22262, which is a fibonacci confluence level. A rise from our pivot at 1.22262 towards 1st resistance at 1.22461 could be possible. Otherwise, a break under the pivot should see price swing towards 1st support at 1.22089.
Pivot: 1.22262
Supporting Points:
127%, -27%, -27% fibonacci retracement, 100% Fibonacci extension and horizontal graphical area.
1st Support: 1.22089
Supporting Points:
-61.8% Fibonacci retracement, 127% Fibonacci extension and horizontal swing low support.
1st Resistance: 1.2332246117
Supporting Points:
23.6%, 78.6, 76.4% Fibonacci retracement, 50% Fibonacci extension and horizontal graphical overlap 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.