XAGUSD is facing bullish pressure from pivot, potential for furt

Price is facing bullish pressure from our pivot, in line with our graphical swing low support and 100% fibonacci extension where we could see a further upside to our first resistance target at 27.9329. Failure to hold above our pivot level at 26.8272 could see prices swing towards our first support level at 26.0953. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.

Pivot: 26.8272
Supporting Points:
graphical swing low support and 100% fibonacci extension

1st Support: 26.0953
Supporting Points:
graphical swing low support and 161.8% fibonacci extension

1st Resistance: 27.9329
Supporting Points:
graphical swing high resistance and 78.6% fibonacci extension
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