Price bounced off our first support (horizontal swing low support, 78.6% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where we might see a rise in price to our major resistance (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic is also bouncing off support where we might see a further rise. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.