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EURUSD bounced off support, potential for further rise!

Oleh easyMarkets
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Price bounced off our first support (horizontal swing low support, 78.6% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where we might see a rise in price to our major resistance (horizontal overlap resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic is also bouncing off support where we might see a further rise.
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Losses can exceed the initial investment so please ensure you fully understand the risks.


Chart PatternsEUREURUSDeurusdlongeurusdshortHarmonic PatternsTrend AnalysisUSD
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