is approaching our first resistance at 148.01 (horizontal swing high resistance, 50% Fibonacci retracement
, 100% Fibonacci extension
) where a strong drop
might occur to our major support at 139.46 (horizontal pullback support, 38.2% Fibonacci retracement
(34,5,3) is also approaching resistance where we might see a corresponding drop
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.