NZDUSD, H4 is testing our Pivot. Potential for a bounce.
Price is testing our Pivot point of 0.72664, which is in line with 23.6%, 127% Fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.73646, in line with the 78.6% fibonacci retracement and 88.6% fibonacci extension. Do note that price is trending above the moving average, in line with our bullish analysis.
Description:
Pivot: 0.72664
Why we like it:
23.6%, 127% Fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap
1st Support: 0.71914
Why we like it:
61.8% fibonacci retracement, moving average support and horizontal swing low
1st Resistance: 0.73646
Why we like it:
78.6% fibonacci retracement and 88.6% fibonacci extension
Trading FX & CFDs carries high risk.
Description:
Pivot: 0.72664
Why we like it:
23.6%, 127% Fibonacci retracement, 50% fibonacci extension and horizontal graphical overlap
1st Support: 0.71914
Why we like it:
61.8% fibonacci retracement, moving average support and horizontal swing low
1st Resistance: 0.73646
Why we like it:
78.6% fibonacci retracement and 88.6% fibonacci extension
Trading FX & CFDs carries high risk.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.