EURUSD approaching support, potential bounce!

3 окт. 2018 г.

EURUSD is approaching our first support at 1.1518 (horizontal swing low support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1661 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.
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