Type : Bullish Rise
Resistance : 0.0071705
Pivot: 0.0070675
Support : 0.0069015
Preferred Case: On the H4, with price moving along the ascending trendline and RSI is showing an ascending trendline, we have a bullish bias that price may rise from the pivot at 0.0070675 where the 23.6% fibonacci retracement is to the 1st resistance at 0.0071705 where the 38.2% fibonacci retracement is.
Alternative scenario: Alternatively, price could drop to the 1st support at 0.0069015 where the swing low support is.
Fundamentals: The DXY is droppind, combined with the positive BSI manufacturing index and PPI Y/Y, we would hold a bullish bias.
Resistance : 0.0071705
Pivot: 0.0070675
Support : 0.0069015
Preferred Case: On the H4, with price moving along the ascending trendline and RSI is showing an ascending trendline, we have a bullish bias that price may rise from the pivot at 0.0070675 where the 23.6% fibonacci retracement is to the 1st resistance at 0.0071705 where the 38.2% fibonacci retracement is.
Alternative scenario: Alternatively, price could drop to the 1st support at 0.0069015 where the swing low support is.
Fundamentals: The DXY is droppind, combined with the positive BSI manufacturing index and PPI Y/Y, we would hold a bullish bias.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.