Price is facing bullish pressure from the ascending trendline support as well as horizontal pullback support level which coincide with the 127.2% fibonacci retracement level as well as 100% fibonacci extension level. Prices might push towards 1st resistance which coincides with 100% fibonacci extension and -27.2% fibonacci retracement. If price breaks below the ascending trendline, price might drop to 105.821 1st support level which coincides with 61.8% fibonacci retracemenmt as well as 50% fibonacci retracement.
Pivot: 106.158
Supporting Points:
Horizontal swing low support, 100% fibonacci extension and 127.2% fibonacci retracement
1st Support: 105.821
Supporting Points:
Horizontal swing low support, 61.8% fibonacci retracement, 50% fibonacci retracement
1st Resistance: 106.712
Supporting Points:
-27.2% fibonacci retracement and 100% fibonacci extension
Trading FX & CFDs carries high risk.
Pivot: 106.158
Supporting Points:
Horizontal swing low support, 100% fibonacci extension and 127.2% fibonacci retracement
1st Support: 105.821
Supporting Points:
Horizontal swing low support, 61.8% fibonacci retracement, 50% fibonacci retracement
1st Resistance: 106.712
Supporting Points:
-27.2% fibonacci retracement and 100% fibonacci extension
Trading FX & CFDs carries high risk.