Price is approaching our first support at 0.77689, in line with 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal swing low support, where we could see a further bounce above this level to our first resistance at 0.78198, in line with our 50% Fibonacci extension and horizontal swing high resistance. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
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.