ETHUSD approaching support where a rally might occur
Price is approaching our first support (breakout level, horizontal overlap support) where we might see a further rise in price to our first resistance (horizontal pullback resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Ichimoku cloud is also showing signs of bullish pressure as well.
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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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