EURUSD Approaching Support, Potential Bounce!

By ICmarkets
Broker
EURUSD approaching support at 1.1536 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its support at 1.1645 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 2.6% where a corresponding bounce could occur.
Chart PatternsEUREURUSDeurusdlongForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.

Disclaimer