NZDUSD, H4 is bouncing from our Pivot point. Potential for rise
Description:
Price is bouncing from our Pivot point of 0.71916, which is in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support. A potential rise from here towards our first resistance level of 0.72503, in line with 61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance.
Pivot: 0.71916
Why we like it:
78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support
1st Support: 0.71610
Why we like it:
127% Fibonacci retracement, 127% fibonacci extension and horizontal swing low support.
1st Resistance: 0.72503
Why we like it:
61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point of 0.71916, which is in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support. A potential rise from here towards our first resistance level of 0.72503, in line with 61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance.
Pivot: 0.71916
Why we like it:
78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal graphical area, ascending and descending trendline support
1st Support: 0.71610
Why we like it:
127% Fibonacci retracement, 127% fibonacci extension and horizontal swing low support.
1st Resistance: 0.72503
Why we like it:
61.8% Fibonacci retracement, 78.6% fibonacci extension and horizontal swing high resistance
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.