Price is approaching 1st support, in line with 61.8% Fibonacci extension, 38.2% Fibonacci retracement and horizontal pullback support. We could see a bounce and further rise up toward 1st resistance, in line with 161.8% Fibonacci retracement & horizontal swing high resistance. Price is holding above EMA which shows potential bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.