EURUSD has bounced from our Pivot point, potential for a rise
Price has just bounced off our Pivot point at 1.19262 which is in line with our 127.2% Fibonacci extension, 61.8% Fibonacci retracement and horizontal overlap support. We could potentially see price rise towards our 1st resistance level at 1.20033. It is worth noting that the Ichimoku cloud and ascending trendline is showing bullish pressure in line with our analysis.
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