Description:
Price is holding above the trendline, showing bullish pressure. A further push up from our pivot 102.949 where the 61.8% Fibonacci retracement , 61.8% fib extension and horizontal swing low support are, towards first resistance at 103.411 is possible. Otherwise, failing to hold above pivot would see price swing towards 1st support where horizontal swing low is.
Pivot: 102.949
Supporting Points:
61.8% Fibonacci retracement , 61.8% fib extension and horizontal swing low support
1st Support: 102.605
Supporting Points:
horizontal swing low support
1st Resistance: 103.411
Supporting Points:
horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is holding above the trendline, showing bullish pressure. A further push up from our pivot 102.949 where the 61.8% Fibonacci retracement , 61.8% fib extension and horizontal swing low support are, towards first resistance at 103.411 is possible. Otherwise, failing to hold above pivot would see price swing towards 1st support where horizontal swing low is.
Pivot: 102.949
Supporting Points:
61.8% Fibonacci retracement , 61.8% fib extension and horizontal swing low support
1st Support: 102.605
Supporting Points:
horizontal swing low support
1st Resistance: 103.411
Supporting Points:
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.