Price is approaching its 1st resistance ( 38.2%& 50% Fibonacci retracement,61.8% Fibonacci extension,horizontal pullback resistance) where it is expected to reverse down to its support (horizontal swing low support). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.