#USDCHF above pivot, potential for a further upside
Price is above the pivot level at 0.91590 which is in-line with 50% Fibonacci retracement and 20EMA. Prices may bounce further upside to resistance at 0.92400, which coincides with 100% Fibonacci retracement level and 61.8% Fibonacci extension level. MACD is also indicating bullish momentum for further upside. Alternatively, price may drop to our support level at 0.90461 which is in-line with 78.6% Fibonacci retracement , 78.6% Fibonacci extension and ascending trendline support.
Pivot: 0.91590 Why we like it: 50% Fibonacci retracement and 20EMA
1st Support: 0.90461 Why we like it: 78.6% Fibonacci retracement , 78.6% Fibonacci extension and ascending trendline support
1st Resistance: 0.92400 Why we like it: 100% Fibonacci retracement level and 61.8% Fibonacci extension level
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.