FX.co - EUR/USD bouncing off support, potential for further rise!

2020-01-15T02:32:39

Relevance until2020-01-16

Trading Recommendation

Entry: 1.10952

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

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

*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 bouncing off support, potential for further rise!