NZDUSD, H4 is testing our Pivot point. Potential for rise
Description:
Price is approaching our Pivot point of 0.72229, which is in line with 127% Fibonacci retracement, 88% and 127% Fibonacci extension. A potential rise from here towards our first resistance level of 0.72884, in line with 161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension. Please note that price is trending above the Ichimoku cloud, in line with our bullish view.
Pivot: 0.72229
Why we like it:
127% Fibonacci retracement, 88% and 127% Fibonacci extension
1st Support: 0.71740
Why we like it:
-27%, 78.6%, 161.8% Fibonacci retracement and horizontal graphical overlap.
1st Resistance: 0.72884
Why we like it:
161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension
Trading FX & CFDs carries high risk.
Price is approaching our Pivot point of 0.72229, which is in line with 127% Fibonacci retracement, 88% and 127% Fibonacci extension. A potential rise from here towards our first resistance level of 0.72884, in line with 161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension. Please note that price is trending above the Ichimoku cloud, in line with our bullish view.
Pivot: 0.72229
Why we like it:
127% Fibonacci retracement, 88% and 127% Fibonacci extension
1st Support: 0.71740
Why we like it:
-27%, 78.6%, 161.8% Fibonacci retracement and horizontal graphical overlap.
1st Resistance: 0.72884
Why we like it:
161.8%, -61.8% Fibonacci retracement and 161.8% fibonacci extension
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.