is approaching our first resistance at 79.01 (horizontal pullback resistance, 61.8% Fibonacci extension
, 61.8% Fibonacci retracement
) where a strong drop
might occur to our major support at 78.39 (horizontal swing low support, 50% Fibonacci retracement
(34,5,3) is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.