ETHUSD is approaching our first support at 115.46 (horizontal swing low support, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 140.91 (50% Fibonacci retracement ).
Stochastic (21, 5, 3) is testing our support where we might see a bounce in price.
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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