Price is approaching 1st support, which is in line with our 78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal swing low support and ascending trendline support. We could potentially see a bounce at this level and further rise up towards 1st resistance, which is in line with 61.8% Fibonacci retracement, 61.8%,161.8% Fibonacci extension and horizontal overlap resistance. Stochastics has also just bounced from the 11.71 level where it has reacted from before.
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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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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.