FX.co - EURUSD bounced off support, potential for further upside!

2020-05-18T01:28:42

Relevance until2020-05-19

Trading Recommendation

Entry: 1.07758

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

Take Profit :1.08923

Reason for Take Profit: horizontal overlap resistance, 50% fibonacci retracement

Stop Loss: 1.07374

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 ★ EURUSD bounced off support, potential for further upside!