Price is facing bullish pressure from our pivot, in line with our ascending trend line, 38.2% fibonacci retracement and 61.8% fibonacci extension where a bounce above this level to our first resistance target at 28.3952 is possible. Otherwise, a break below our pivot will see price drop towards 1st support at 26.2302.
Pivot: 27.1254
Supporting Points:
ascending trend line, 38.2% fibonacci retracement and 61.8% fibonacci extension
1st Support: 26.2302
Supporting Points:
Graphical swing low support and 78.6% fibonacci retracement
1st Resistance: 28.3952
Supporting Points:
61.8% fibonacci retracement, graphical pullback resistance
Trading FX & CFDs carries high risk.
Pivot: 27.1254
Supporting Points:
ascending trend line, 38.2% fibonacci retracement and 61.8% fibonacci extension
1st Support: 26.2302
Supporting Points:
Graphical swing low support and 78.6% fibonacci retracement
1st Resistance: 28.3952
Supporting Points:
61.8% fibonacci retracement, graphical pullback resistance
Trading FX & CFDs carries high risk.