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

2020-01-13T08:29:10

Relevance until2020-01-14

Trading Recommendation

Entry: 1.10952

Reason for Entry: 100% extension, horizontal overlap support, 78.6% fibonacci retracement

Take Profit : 1.12047

Reason for Take Profit:

78.6% Fibonacci retracement, horizontal swing high resistance

Stop Loss: 1.10700

Reason for Stop loss:

Horizontal swing low 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

Analytical expert

Dean Leo

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