Price is approaching 1st support, in line with 38.2%, 78.6% Fibonacci retracement, 61.8% Fibonacci extension and horizontal swing low support, where we could see a bounce and further rise towards 1st resistance, in line with 78.6% Fibonacci extension and horizontal swing high resistance. Price is holding above both the ascending trendline and Ichimoku cloud supports, showing signs of 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.