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

Trading Recommendation

Entry: 1.10533

Reason for Entry: 61.8% Fibonacci retracement, 127.2% fibonacci extension, horizontal swing low support

Take Profit : 1.11418

Reason for Take Profit:

horizontal swing high resistance, 61.8% fibonacci retracement

Stop Loss: 1.10253

Reason for Stop loss:

78.6% Fibonacci retracement, Horizontal pullback support