EURUSD Potential for Bullish Rise | 29th April 2022

Price is near the pivot level. We expect price to potentially rise from buy entry level of 1.04711 in line with 100% fibonacci projection and -61.8% fibonacci expansion towards the take profit level of 1.07603 in line with 61.8% fibonacci retracement . Otherwise, price might break through the key support level and dip towards the stop loss level of 1.03412 in line with a horizontal swing low support.

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