Price is facing bullish pressure from our first support level, in line with our horizontal swing low support, 50% fibonacci retracement, 61.8% fibonacci extension, where we could see a bounce to our first resistance target. Stochastic is facing bullish pressure from our support as well.
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
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.