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

EUR/USD approaching support, potential bounce!

EUR/USD approaching support, potential bounce!

Entry: 1.10670

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

Take profit: 1.11650

Why is it good: Horizontal swing high resistance, 50% fibonacci retracement

Stop loss: 1.09950

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

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