EURUSD approaching support, potential bounce!

2019년 2월 11일

EURUSD is approaching our first support at 1.1295 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement, ascending channel’s support) where a strong bounce might occur pushing price up to our major resistance at 1.1402 (horizontal pullback 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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