{"id":54900,"date":"2022-06-14T13:32:13","date_gmt":"2022-06-14T03:32:13","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=54900"},"modified":"2022-06-14T13:32:13","modified_gmt":"2022-06-14T03:32:13","slug":"14th-june-2022-tuesday-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/14th-june-2022-tuesday-technical-outlook-and-review\/","title":{"rendered":"14th June 2022 Tuesday: Technical Outlook and Review"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">DXY:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">On the H4, <\/span><span style=\"font-weight: 400;\">with prices moving above the ichimoku indicator, we have a bullish bias that price will rise to our 1st resistance at 106.035 where the 127.2% fibonacci extension and 61.8% fibonacci projection are from our 1st support at 105.017 in line with the horizontal pullback support. Alternatively, price may break 1st support structure and head for 2nd support at 103.898 where the horizontal pullback support and 38.2% fibonacci retracement are.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at <\/span><span style=\"font-weight: 400;\">106.035<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at <\/span><span style=\"font-weight: 400;\">105.017<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/DXY_2022-06-14_09-14-17.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54903\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/DXY_2022-06-14_09-14-17-1024x584.png\" alt=\"\" width=\"660\" height=\"376\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/DXY_2022-06-14_09-14-17-1024x584.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/DXY_2022-06-14_09-14-17-300x171.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/DXY_2022-06-14_09-14-17-768x438.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/DXY_2022-06-14_09-14-17.png 1483w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">XAU\/USD (GOLD):<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with prices moving belowthe ichimoku indicator, we have a bearish bias that prices will drop from our 1st resistance at 1828.57 where the horizontal overlap resistance is to our 1st support\u00a0 at 1787.65 in line with swing low support and 78.6% fibonacci projection. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 1857.75 in line with overlap resistance.<\/span><\/p>\n<p><b>Areas of consideration:\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame<\/span><span style=\"font-weight: 400;\">, 1st Resistance at 1828.57<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st Support at <\/span><span style=\"font-weight: 400;\">1787.65<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/XAUUSD_2022-06-14_09-07-32.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54910\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/XAUUSD_2022-06-14_09-07-32-1024x475.png\" alt=\"\" width=\"660\" height=\"306\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/XAUUSD_2022-06-14_09-07-32-1024x475.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/XAUUSD_2022-06-14_09-07-32-300x139.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/XAUUSD_2022-06-14_09-07-32-768x356.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/XAUUSD_2022-06-14_09-07-32.png 1823w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">GBP\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our 1st resistance at 1.21626 where the horizontal pullback resistance is to our 1st support at <\/span><span style=\"font-weight: 400;\">1.18375<\/span><span style=\"font-weight: 400;\"> in line with the 78.6% fibonacci projection and 161.8% fibonacci extension. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 1.24036 where the horizontal overlap resistance and 50% fibonacci retracement are.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at <\/span><span style=\"font-weight: 400;\">1.21626<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at<\/span> <span style=\"font-weight: 400;\">1.18375<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/GBPUSD_2022-06-14_09-23-53.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54905\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/GBPUSD_2022-06-14_09-23-53-1024x584.png\" alt=\"\" width=\"660\" height=\"376\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/GBPUSD_2022-06-14_09-23-53-1024x584.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/GBPUSD_2022-06-14_09-23-53-300x171.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/GBPUSD_2022-06-14_09-23-53-768x438.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/GBPUSD_2022-06-14_09-23-53.png 1483w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/CHF:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop to our 1st support in line with the horizontal pullback support from our 1st resistance is where the pullback resistance is. Alternatively, price may break structure and head for our 2nd resistance in line with the horizontal swing high resistance and 61.8% Fibonacci projection.<\/span><\/p>\n<p><b>Areas of consideration<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st support level at <\/span><span style=\"font-weight: 400;\">0.98769<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st resistance level at<\/span> <span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">0.99786<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCHF_2022-06-14_06-08-04.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54908\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCHF_2022-06-14_06-08-04-1024x484.png\" alt=\"\" width=\"660\" height=\"312\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCHF_2022-06-14_06-08-04-1024x484.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCHF_2022-06-14_06-08-04-300x142.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCHF_2022-06-14_06-08-04-768x363.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCHF_2022-06-14_06-08-04.png 1353w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">EUR\/USD :<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4. with price moving below the ichimoku cloud, we have a bearish bias that price will continue to drop from our 1st resistance at 1.04605 in line with the pullback resistance to the 1st support at 1.03536 in line with the 78.6% fibonacci projection and horizontal swing low support. Alternatively, price may break the 1st resistance structure and rise to the 2nd resistance at 1.05329 in line with the pullback resistance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration :<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at <\/span><span style=\"font-weight: 400;\">1.04605<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at <\/span><span style=\"font-weight: 400;\">1.03536<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/EURUSD_2022-06-14_09-46-26.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54904\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/EURUSD_2022-06-14_09-46-26-1024x586.png\" alt=\"\" width=\"660\" height=\"378\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/EURUSD_2022-06-14_09-46-26-1024x586.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/EURUSD_2022-06-14_09-46-26-300x172.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/EURUSD_2022-06-14_09-46-26-768x439.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/EURUSD_2022-06-14_09-46-26.png 1484w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">USD\/JPY:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from our 1st support at <\/span><span style=\"font-weight: 400;\">133.638<\/span><span style=\"font-weight: 400;\"> where the horizontal swing low support is to our 1st resistance at <\/span><span style=\"font-weight: 400;\">136.314<\/span><span style=\"font-weight: 400;\"> in line with the 100% fibonacci projection. Alternatively, price may break 1st support structure and head for 2nd support at <\/span><span style=\"font-weight: 400;\">131.259<\/span><span style=\"font-weight: 400;\"> where the horizontal overlap support is.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at <\/span><span style=\"font-weight: 400;\">136.314<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at <\/span><span style=\"font-weight: 400;\">133.020<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDJPY_2022-06-14_09-17-07.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54909\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDJPY_2022-06-14_09-17-07-1024x602.png\" alt=\"\" width=\"660\" height=\"388\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDJPY_2022-06-14_09-17-07-1024x602.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDJPY_2022-06-14_09-17-07-300x176.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDJPY_2022-06-14_09-17-07-768x452.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDJPY_2022-06-14_09-17-07.png 1490w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">AUD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will continue to drop from the 1st resistance at 0.69500 in line with the overlap resistance to the 1st support at 0.68264 in line with the 100% fibonacci projection and swing low support. Alternatively, price may break the 1st resistance structure and rise to the 2nd resistance at 0.70383 at the pullback resistance and 38.2% fibonacci retracement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at<\/span><span style=\"font-weight: 400;\"> 0.69500<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at <\/span><span style=\"font-weight: 400;\">\u00a00.68264<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/AUDUSD_2022-06-14_09-31-53.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54901\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/AUDUSD_2022-06-14_09-31-53-1024x584.png\" alt=\"\" width=\"660\" height=\"376\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/AUDUSD_2022-06-14_09-31-53-1024x584.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/AUDUSD_2022-06-14_09-31-53-300x171.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/AUDUSD_2022-06-14_09-31-53-768x438.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/AUDUSD_2022-06-14_09-31-53.png 1483w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">NZD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from the 1st resistance at 0.62923 in line with the pullback resistance to the 1st support at 0.61210 in line with the 78.6% fibonacci projection and 127.2% fibonacci extension. Alternatively, price may break the 1st resistance structure and rise to the 2nd resistance at 0.63697 in line with the 38.2% fibonacci retracement and overlap resistance.\u00a0\u00a0<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at<\/span> <span style=\"font-weight: 400;\">\u00a00.61210<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 0.62923<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/NZDUSD_2022-06-14_09-37-45.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54906\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/NZDUSD_2022-06-14_09-37-45-1024x584.png\" alt=\"\" width=\"660\" height=\"376\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/NZDUSD_2022-06-14_09-37-45-1024x584.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/NZDUSD_2022-06-14_09-37-45-300x171.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/NZDUSD_2022-06-14_09-37-45-768x438.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/NZDUSD_2022-06-14_09-37-45.png 1480w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/CAD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with expected to reverse off the stochastics indicator, we have a bearish bias that price will drop to our 1st support at 1.27639 in line with the horizontal pullback support from our 1st resistance at 1.29019 where the pullback resistance and 61.8% Fibonacci retracement is. Alternatively, price may break structure and head for our 2nd resistance\u00a0 in line with the horizontal swing high resistance.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 1.29019<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at <\/span><span style=\"font-weight: 400;\">1.27639<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCAD_2022-06-14_06-13-02.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54907\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCAD_2022-06-14_06-13-02-1024x441.png\" alt=\"\" width=\"660\" height=\"284\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCAD_2022-06-14_06-13-02-1024x441.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCAD_2022-06-14_06-13-02-300x129.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCAD_2022-06-14_06-13-02-768x331.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/USDCAD_2022-06-14_06-13-02.png 1353w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">OIL:<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with expetec to reverse off the stochastics indicator resistance, we have a bearish bias that price will drop to our 1st support at 117.76 in line with the horizontal pullback support from our 1st resistance at 123.12 where the horizontal swing high resistance and 127.2% Fibonacci extension is. Alternatively, price may break structure and head for our 2nd resistance in line with the 127.2% Fibonacci extension is.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance of 123.12<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support of <\/span><span style=\"font-weight: 400;\">117.76<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/CL1_2022-06-14_06-12-08.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54902\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/CL1_2022-06-14_06-12-08-1024x441.png\" alt=\"\" width=\"660\" height=\"284\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/CL1_2022-06-14_06-12-08-1024x441.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/CL1_2022-06-14_06-12-08-300x129.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/CL1_2022-06-14_06-12-08-768x331.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/CL1_2022-06-14_06-12-08.png 1353w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">Dow Jones Industrial Average:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568<\/span> <span style=\"font-weight: 400;\">where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at <\/span><span style=\"font-weight: 400;\">32592<\/span><span style=\"font-weight: 400;\"> in line with the horizontal pullback support. Alternatively, price may break structure and head for 2nd support where the 78.6% Fibonacci projection is.\u00a0<\/span><\/p>\n<p><b>Areas of consideration :\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 32592<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 30568<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/YM1_2022-06-14_06-10-26.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-54911\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/YM1_2022-06-14_06-10-26-1024x441.png\" alt=\"\" width=\"660\" height=\"284\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/YM1_2022-06-14_06-10-26-1024x441.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/YM1_2022-06-14_06-10-26-300x129.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/YM1_2022-06-14_06-10-26-768x331.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/06\/YM1_2022-06-14_06-10-26.png 1353w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Markets does not warranty, guarantee or make any representations, or assume any liability regarding financial results based on the use of the information in the site.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">News, views, opinions, recommendations and other information obtained from sources outside of www.icmarkets.com.au, used in this site are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice. IC Markets assumes no responsibility for the content of any linked site.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site. IC Markets is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user\u2019s software, hardware, data or property.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[340,215,339,195],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/54900"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=54900"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/54900\/revisions"}],"predecessor-version":[{"id":54912,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/54900\/revisions\/54912"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=54900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=54900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=54900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}