Price is facing bullish pressure from the ascending trendline support as well as horizontal pullback support level which coincide with the 127.2% fibonacci retracement level as well as 100% fibonacci extension level. Prices might push towards 1st resistance which coincides with 100% fibonacci extension and -27.2% fibonacci retracement. If price breaks below the ascending trendline, price might drop to 105.821 1st support level which coincides with 61.8% fibonacci retracemenmt as well as 50% fibonacci retracement.
Pivot: 106.158
Supporting Points:
Horizontal swing low support, 100% fibonacci extension and 127.2% fibonacci retracement
1st Support: 105.821
Supporting Points:
Horizontal swing low support, 61.8% fibonacci retracement, 50% fibonacci retracement
1st Resistance: 106.712
Supporting Points:
-27.2% fibonacci retracement and 100% fibonacci extension
Trading FX & CFDs carries high risk.
Pivot: 106.158
Supporting Points:
Horizontal swing low support, 100% fibonacci extension and 127.2% fibonacci retracement
1st Support: 105.821
Supporting Points:
Horizontal swing low support, 61.8% fibonacci retracement, 50% fibonacci retracement
1st Resistance: 106.712
Supporting Points:
-27.2% fibonacci retracement and 100% fibonacci extension
Trading FX & CFDs carries high risk.
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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.