is approaching our first support at 1.1291 (horizontal swing low support, 100% Fibonacci extension
, 78.6% Fibonacci retracement
) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1426 (horizontal overlap resistance, 50% Fibonacci retracement
(89,5,3) is also approaching our first support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.