FX.co - EUR/USD approaching support, potential for big bounce!

2019-10-23T04:27:52

Relevance until2019-10-23

Entry: 1.11079

Why is it good: 23.6% fibonacci retracement, 61.8% fibonacci extension, horizontal overlap support

Stop Loss: 1.10626

Why is it good: horizontal pullback support, 38.2% fibonacci retracement

Take Profit: 1.11671

Why is it good: Horizontal overlap resistance, 78.6% fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ EUR/USD approaching support, potential for big bounce!