NZDUSD, H4 is approaching our Pivot point. Potential for bounce
Price is approaching our Pivot point of 0.73152, which is in line with 50%, 23.6% Fibonacci retracement and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.73645, in line with -27% fibonacci retracement and 61.8% fibonacci extension. Please note that price is trending above the Ichimoku cloud and MACD is above the 0 line, in line with our bullish view.
Description:
Pivot: 0.73152
Why we like it:
50%, 23.6% Fibonacci retracement and horizontal graphical overlap
1st Support: 0.72751
Why we like it:
50% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.73645
Why we like it:
-27% fibonacci retracement and 61.8% fibonacci extension
Trading FX & CFDs carries high risk.
Description:
Pivot: 0.73152
Why we like it:
50%, 23.6% Fibonacci retracement and horizontal graphical overlap
1st Support: 0.72751
Why we like it:
50% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.73645
Why we like it:
-27% fibonacci retracement and 61.8% fibonacci extension
Trading FX & CFDs carries high risk.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.