EURUSD, H4 is approaching our Pivot point, potential for a rise
Price is approaching our Pivot point at 1.20251, in line with 78.6% Fibonacci retracement, 88% fibonacci extension, and horizontal graphical area, where we could potentially see a rise from our pivot towards our 1st resistance level at 1.21469, 61.8% and -27% Fibonacci retracement.
Pivot: 1.20251
Why we like it:
61.8% Fibonacci retracement, 100% fibonacci extension, and horizontal graphical area
1st Support: 1.19627
Why we like it:
127% Fibonacci retracement, 127%, 61.8% fibonacci extension and horizontal swing low support
1st Resistance: 1.21469
Why we like it:
61.8% and -27% Fibonacci retracement.
Trading FX & CFDs carries high risk.
Pivot: 1.20251
Why we like it:
61.8% Fibonacci retracement, 100% fibonacci extension, and horizontal graphical area
1st Support: 1.19627
Why we like it:
127% Fibonacci retracement, 127%, 61.8% fibonacci extension and horizontal swing low support
1st Resistance: 1.21469
Why we like it:
61.8% and -27% Fibonacci retracement.
Trading FX & CFDs carries high risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.