EURUSD Bounced Off Support, Prepare For A Further Rise
EURUSD bounced nicely off its support at 1.14499 (76.4% Fibonacci retracement , horizontal swing overlap support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.1503 (61.8% Fibonacci retracement , 76.4% Fibonacci retracement , horizontal swing high resistance).
Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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