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EURUSD Bounced Off Support, Prepare For A Further Rise

Oleh Klimex

EURUSD bounced nicely off its support at 1.1288(horizontal swing low support, 61.8% Fibonacci extension,61.8% Fibonacci retracement) where it could potentially bounce to its resistance at 1.1362 (50% Fibonacci retracement).

Stochastic (55, 5, 3) is approaching its support where a corresponding bounce could occur.

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Chart PatternsEUREURUSDforexsignalsHarmonic PatternsTrend AnalysisUSD
Klimex

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