Below is the formula for determining the pivot point, support, and resistance.
GBPNZD candle information
** OPEN 1,9488
HIGH
LOW 1.9499 1.9408
CLOSED 1,9441 Prisoners
third (R3) 1.9499 - (1.9449 - 1.9408 = 0.0041 x 2 = 0.0083) = 1.9582
The second resistance (R2) is 1.9449 + 1.9499 - 1.9408 = 1.9540
The first resistance (R1) is 1.9449 x 2 = 3.8899 - 1.9408 = 1.9491
pivot points 1.9499 + 1.9408 + 1.9441 = 5.8348 / 3 = 1.9449
Support for the first (S1) 1.9449 x 2 = 3.8899 - 1.9499 = 1.9400
The second support (S2) is 1,9449 - (1,9499 - 1,9408 = 0.0091) = 1,9358
Third Support (S3) 1.9408 - (1.9499 - 1.9449 = 0.0050 x 2 = 0.0099) = 1.9309