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

2019-11-06T02:57:16

Long-term review

EURUSD is approaching our first support where we are expecting a strong bounce above this level.

Entry: 1.10255

50% Fibonacci retracement, 61.8% Fibonacci extension

Take Profit : 1.11014

Why it's good : 50% Fibonacci retracement

EUR/USD approaching support, potential for strong bounce!

*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 strong bounce!