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EURUSD Approaching Support, Potential For A Bounce!

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EURUSD is approaching support at 1.1620 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where a bounce up to its resistance at 1.1711 (76.4 Fibonacci retracement, horizontal overlap resistance) could occur. We do have to be cautious of the intermediate resistance at 1.1663 (38.2% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.
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Chart PatternsEUREURUSDeurusdlongForexforexsignalsHarmonic PatternsTrend AnalysisUSD

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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.
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.