USDCHF, H4 bounced our Pivot, potential for a rise.
Description
Price has bounced from our Pivot point at 0.93868, which is in line with161% -61.8% fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.94420, in line with 61.8% fibonacci extension. It is worth noting that MACD is above the 0 line, in line with our bullish analysis.
Pivot: 0.93868
Why we like it:
161%, -61.8% fibonacci retracement and horizontal graphical overlap.
1st Support: 0.93495
Why we like it:
127%, -27% fibonacci retracement and horizontal swing low support
1st Resistance: 0.93868
Why we like it:
61.8% fibonacci extension.
Trading FX & CFDs carries high risk.
Price has bounced from our Pivot point at 0.93868, which is in line with161% -61.8% fibonacci retracement and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.94420, in line with 61.8% fibonacci extension. It is worth noting that MACD is above the 0 line, in line with our bullish analysis.
Pivot: 0.93868
Why we like it:
161%, -61.8% fibonacci retracement and horizontal graphical overlap.
1st Support: 0.93495
Why we like it:
127%, -27% fibonacci retracement and horizontal swing low support
1st Resistance: 0.93868
Why we like it:
61.8% fibonacci extension.
Trading FX & CFDs carries high risk.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.