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

2020-03-17T06:03:30

Relevance until2020-03-18

Trading Recommendation

Entry: 1.10546

Reason for Entry: Horizontal swing low support, 61.8% fibonacci retracement, 161.8% Fibonacci extension

Take Profit : 1.13236

Reason for Take Profit: Horizontal swing high resistance, 61.8% fibonacci retracement

Stop Loss: 1.09482

Reason for Stop loss: 76.4% 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 bouncing off support, potential for further rise!