NZDUSD, H4 is bouncing our Pivot. Potential for a rise.
Price is bouncing from our Pivot point of 0.72141, which is in line with 78.6% Fibonacci retracement, 61.8% fibonacci extension and moving average support. A potential rise from here towards our first resistance level of 0.73594, in line with the 78.6% and 127% fibonacci retracement. Do note that price is trending above the moving average in line with our bullish analysis.
Description:
Pivot: 0.72141
Why we like it:
78.6% Fibonacci retracement, 61.8% fibonacci extension and moving average support
1st Support: 0.71210
Why we like it:
127% fibonacci retracement and horizontal swing low support.
1st Resistance: 0.73594
Why we like it:
78.6% and 127% fibonacci retracement
Trading FX & CFDs carries high risk.
Description:
Pivot: 0.72141
Why we like it:
78.6% Fibonacci retracement, 61.8% fibonacci extension and moving average support
1st Support: 0.71210
Why we like it:
127% fibonacci retracement and horizontal swing low support.
1st Resistance: 0.73594
Why we like it:
78.6% and 127% fibonacci retracement
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.