EUR/USD facing bullish pressure, potential for further upside

Trading Recommendation

Entry: 1.11480

Reason for Entry: 23.6% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support

Take Profit: 1.12897

Reason for Take Profit: Horizontal pullback resistance, 76.4% fibonacci retracement

Stop Loss: 1.10791

Reason for Take Profit: Horizontal swing low support, 38.2% fibonacci retracement