is approaching our first support at 41.08 (horizontal overlap resistance, 61.8% Fibonacci extension
, 23.6% Fibonacci retracement
) where a strong bounce might occur below this level pushing price up to our major resistance at 48.47 (horizontal pullback resistance, 100% Fibonacci extension
(21,5,3) is also approaching support 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.