Price is approaching its 1st resistance ( 76.4% Fibonacci retracement,61.8% Fibonacci extension,horizontal swing high resistance) where it is expected to reverse down to its support (Horizontal overlap support,61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (34, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.