EURUSD approaching support, potential bounce

2019년 1월 25일

EURUSD is approaching our first support at 1.1291 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.1426 (horizontal overlap resistance, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching our first support where we might see a corresponding bounce in price.
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