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

2019-12-18T03:30:57

Relevance until2019-12-19

Trading Recommendation

Entry: 1.11073

Reason for Entry: 38.2% Fibonacci retracement, horizontal overlap support, 78.6% fibonacci extension, breakout level

Take Profit : 1.11868

Reason for Take Profit:

horizontal swing high resistance

Stop Loss: 1.10616Reason for Stop loss:

61.8% 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 bounce!