Price is at descending trendline resistance where it could potentially swing towards support at 109.113, in-line with 78.6% Fibonacci Retracement and 61.8% Fibonacci Extension. Otherwise, price may bullish above the 1st resistance at 110.147 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension towards 2nd resistance 110.546 in line with 78.6% Fibonacci Retracement and 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.
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.