EURUSD Bounced Off Support, Potential Further Rise
EURUSD bounced nicely off its support at 1.1452 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, Horizontal swing low support) where it could potentially bounce to its resistance at 1.1570 (Horizontal swing high resistance).
Stochastic (55, 5, 3) is bounced off its support at 4.3% where a corresponding rise could occur.
Stochastic (55, 5, 3) is bounced off its support at 4.3% where a corresponding rise could occur.
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