easyMarkets
Long

ETHUSD broke resistance, potential for further rise!

BITFINEX:ETHUSD   Ethereum / U.S. Dollar

Price is approaching our first support at 183.95 (horizontal overlap support, 23.6% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension ).
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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