ETHUSD is approaching our first resistance at 142.96 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur to our major support at 132.09 (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic (89,5,3) 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.