is approaching our first support at 0.9791 (horizontal swing low support, 100% fibonacci extension
) where a strong bounce might occur pushing price up to our major resistance at 0.9855 (horizontal swing high resistance, 50% fibonacci retracement
(21,5,3) is also approaching 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.