FX.co ★ EUR/USD approaching long term pullback support

EURUSD is approaching our first support at 1.11105, also pullback support where we might be seeing a bounce above this level.

Entry: 1.11105

Why it's good : 1.11105 also corresponds to 61.8% Fibonacci retracement level where price normally reverses. Also, stochastics here is reacting above 2.70% support where price reversed in the past

Stop Loss : 1.10715