is approaching our first resistance at 5855.2 (horizontal pullback resistance, 100% Fibonacci extension
, 50% Fibonacci retracement
) where a strong drop
might occur to our major support at 4562.6 (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.