EUR/USD approaching support, potential bounce!

Trading Recommendation

Entry: 1.08000

Reason for Entry: 78.6 % Fibonacci extension, 78.6% fibonacci retracement, Horizontal pullback support

Take Profit : 1.12220

Reason for Take Profit: 23.6% Fibonacci retracement, Horizontal swing high resistance

Stop Loss: 1.06000

Reason for Stop loss: Horizontal swing low support, 88% Fibonacci retracement, 100% Fibonacci extension