EURUSD is falling towards an overlap support level that aligns close to the 61.8% Fibo retracement and 161.8 % Fibo extension.
Alternatively, if price breaks below the pivot, it could continue to fall to the next support level
Pivot: 1.0862
Support: 1.0807
Resistance: 1.0913
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Trading Forex and CFDs carries a high level of risk to your capital and...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.3575, which is a multi-swing low support level
Our take profit will be at 1.3652, which is an overlap resistance level.
The stop loss will be placed at 1.3522, which is a pullback support level
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Trading Forex/CFDs on margin carries a high...
