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

2020-01-20T09:20:09

Relevance until2020-01-21

Trading Recommendation

Entry: 1.10785

Reason for Entry: 78.6% Fibonacci extension, Horizontal swing low support, 61.8% fibonacci retracement

Take Profit : 1.12465

Reason for Take Profit: 78.6% Fibonacci retracement, 78.6% Fibonacci extension

Stop Loss: 1.10362

Reason for Stop loss:

Horizontal swing low support, 100% Fibonacci extension, 78.6% 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!