ZB1! H4 | Potential for bullish continuation
Price is near pivot level of 152'21 in line with 50% Fibonacci retracement . Price can potentially go to the 1st resistance of 154'09 which is also the graphical swing high level. Our bullish bias is supported by the ichimoku cloud indicator as price is trading above the clouds. Alternatively, Price can dip to the 1st support level of 151'15 in line with 78.6% Fibonacci retracement .
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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