Description:
Price is holding above our moving average support and Ichimoku cloud. We can expect further bullish momentum to push the price higher above our Pivot at 3788.8, towards our 1st resistance at 3846.9. Otherwise, failure to hold above pivot could see price swing towards 1st support at 3758.0.
Pivot: 3788.8
Supporting Points:
23.6% Fibonacci retracement, 61.8% Fibonacci extension, graphical swing low support
1st Support: 3744.1
Supporting Points:
38.2% Fibonacci retracement, 61.8% Fibonacci extension
1st Resistance: 3846.9
Supporting Points:
-61.8% Fibonacci retracement
Trading FX & CFDs carries high risk.
Price is holding above our moving average support and Ichimoku cloud. We can expect further bullish momentum to push the price higher above our Pivot at 3788.8, towards our 1st resistance at 3846.9. Otherwise, failure to hold above pivot could see price swing towards 1st support at 3758.0.
Pivot: 3788.8
Supporting Points:
23.6% Fibonacci retracement, 61.8% Fibonacci extension, graphical swing low support
1st Support: 3744.1
Supporting Points:
38.2% Fibonacci retracement, 61.8% Fibonacci extension
1st Resistance: 3846.9
Supporting Points:
-61.8% Fibonacci retracement
Trading FX & CFDs carries high risk.