ETHUSD is approaching our first resistance at 169.13 (horizontal overlap resistance, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 255.45 (23.6% Fibonacci retracement, horizontal overlap resistance).
RSI is also bouncing off support supporting our bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RSI is also bouncing off support supporting our bullish pressure.
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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