Euro / Dollar ASPembelian
EURUSD is bouncing from our Pivot point, potential for a rise
Description
Price is bouncing from our Pivot point of 1.21692, which is in line with our -27% Fibonacci retracement, 88%, 127% fibonacci extension and horizontal graphical overlap, where we could see a potential rise from this level to our first resistance level of 1.22027, in line with a fibonacci confluence. It is noteworthy that price is trending above the moving average, in line with our bullish view.
Pivot: 1.21692
Why we like it:
-27% Fibonacci retracement, 88%, 127% fibonacci extension and horizontal graphical overlap
1st Support: 1.21463
Why we like it:
50% Fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing low resistance.
1st Resistance: 1.22027
Why we like it:
-27%, -61.8%, 88% Fibonacci retracement, 161.8% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point of 1.21692, which is in line with our -27% Fibonacci retracement, 88%, 127% fibonacci extension and horizontal graphical overlap, where we could see a potential rise from this level to our first resistance level of 1.22027, in line with a fibonacci confluence. It is noteworthy that price is trending above the moving average, in line with our bullish view.
Pivot: 1.21692
Why we like it:
-27% Fibonacci retracement, 88%, 127% fibonacci extension and horizontal graphical overlap
1st Support: 1.21463
Why we like it:
50% Fibonacci retracement, 61.8%, 100% fibonacci extension and horizontal swing low resistance.
1st Resistance: 1.22027
Why we like it:
-27%, -61.8%, 88% Fibonacci retracement, 161.8% fibonacci extension and horizontal graphical overlap
Trading FX & CFDs carries high risk.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.