Price is facing bullish pressure from our pivot, in line with our graphical swing low support, 78.6% fibonacci extension and 50% fibonacci retracement where we could see a bounce above this level to our resistance level at 1879.71. Failure to hold above our pivot level at 1839.11 could see a swing towards our first support target at 1808.63.
Pivot:1839.11
Supporting Points:
graphical swing low support, 78.6% fibonacci extension and 50% fibonacci retracement
1st Support: 1808.63
Supporting Points:
Graphical swing low support, 100% fibonacci extension
1st Resistance: 1879.71
Supporting Points:
graphical swing high resistance, 50% Fibonacci retracement
Trading FX & CFDs carries high risk.
Pivot:1839.11
Supporting Points:
graphical swing low support, 78.6% fibonacci extension and 50% fibonacci retracement
1st Support: 1808.63
Supporting Points:
Graphical swing low support, 100% fibonacci extension
1st Resistance: 1879.71
Supporting Points:
graphical swing high resistance, 50% Fibonacci retracement
Trading FX & CFDs carries high risk.