EURUSD H4 | Bullish reversal from 23.6% Fibo?

19 июн. 2023 г.

EURUSD could fall towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target.

Entry: 1.09118
Why we like it:
There is an overlap support

Stop Loss: 1.08472
Why we like it:
There is an overlap support that aligns with the 38.2% Fibonacci retracement level

Take Profit: 1.10054
Why we like it:
There is an overlap resistance that sits above the 78.6% Fibonacci retracement level

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