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

2020-01-14T07:20:31

Relevance until2020-01-15

Trading Recommendation

Entry: 1.11344

Reason for Entry: horizontal pullback support, 23.6% fibonacci retracement

Take Profit : 1.11600

Reason for Take Profit:

50% Fibonacci retracement, horizontal overlap resistance

Stop Loss: 1.11207

Reason for Stop loss:

38.2% 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!