ETHUSD is testing our first resistance at 172.99 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where we might see a corresponding drop in price to our major support level at 158.53 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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